''Medicare Advantage' is just private insurance that profits by denying coverage, and the name is being used to trick seniors into enrolling,' said Rep. RoKhanna. 'That's not right.'
"'Medicare Advantage' is just private insurance that profits by denying coverage, and the name is being used to trick seniors into enrolling," said Rep. Ro Khanna."That's not right."Legislation unveiled Thursday by two House progressives would ban private insurers from using the"Medicare" label in plan titles and advertising, an effort to curb
that for-profit health giants have used to expand their reach at great costs to patients and the federal government.would change the official name of Medicare Advantage to"Alternative Private Health Plan" to make clear that such coverage is offered by for-profit companies. "'Medicare Advantage' is just private insurance that profits by denying coverage, and the name is being used to trick seniors into enrolling. That's not right," Khannain a statement."This bill will prevent these private insurers from labeling themselves as ‘Medicare' and allow us to focus on strengthening and expanding real Medicare instead."
To deter for-profit companies from using the Medicare name in its health insurance advertising, the bill proposes levying a $100,000 penalty for each use of the label in the title of a private plan.
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