Scoop: A group closely aligned with House Republican leadership is spending over $2 million to accuse Biden of being the one who truly wants to cut Medicare.
$4.7 billion from Medicare Advantage
insurers over 10 years, though the government argues that these were overpayments that shouldn’t have been made in the first place. Medicare Advantage is a private health insurance alternative to Medicare and often offers extra benefits such as dental and vision coverage.The truth of whether these proposed changes actually amount to a "cut" is nuanced, said Joseph Antos, a senior health scholar at the American Enterprise Institute — echoing what other“Obviously the plans argue that all of it is a cut. That’s not exactly true,” Antos told Axios.
the claim that the Inflation Reduction Act's drug pricing negotiation provision — which lowers Medicare costs by $300 billion — amounts to a cut. “Any claim that this Administration is cutting Medicare is categorically false," Health and Human Services Secretary Xavier Becerra“This isn’t a cut, it’s an increase," Health and Human Services spokesperson Kamara Jones said. "Industry opposition to being held accountable for gaming the system responsible for seniors’ health care should speak volumes to their intent.”
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