Medicare Privatization
Speaker: J.B. Silvers, PhD, CWRU Weatherhead School of Management and School of Medicine Medicare is being “privatized” via Medicare Advantage (MA), the corporate alternative to traditional Medicare. MA is publicly financed but run by private insurance corporations. The administrative cost of Medicare: 2%; MA’s administrative cost: 20-40%. MA is used by almost 50% of the … Continue reading Medicare Privatization