AD TITLE: "Medicare Advantage Facing $100 Billion in Cuts"
SPONSOR: America's Health Insurance Plans (AHIP)
SUMMARY: Upset that the Senate Finance Committee health legislation would allow millions of people to continue going without health coverage, the insurance industry launched an ad campaign against the bill. Its aim: To convince seniors they'd be losers under the legislation -- in large part because of a proposal to cut payments to Medicare Advantage, the private plan part of Medicare.
Seniors, the ad says, could be forced to give up "more than their fair share" to help pay for reform. However, that argument, many health experts say, turns on its head the real Medicare inequity -- that the government has for years so overpaid the private plans that many enrollees receive additional benefits, such as eyeglasses and dental care, that seniors in traditional Medicare don't get.
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