Medicare Advantage Companies Bank Billions In Bonuses
After stealing hundreds of billions of dollars from taxpayers, insurance companies in the Medicare Advantage program are going to face significant government action. And significant government action, in this case, means that the federal government is going to award an estimated $13 billion to the insurers in bonus payments.
These bonuses are not officially a direct reward for insurance companies exploiting taxpayers, but they are emblematic of a completely broken system.
Quality bonuses in the Medicare Advantage program are meant to reward insurers for providing high-quality plans to seniors and others who qualify for Medicare.