March 22, 2023 – Biden Plan to Cut Billions in Medicare Fraud Ignites Lobbying Frenzy

March 22, 2023 - Biden Plan to Cut Billions in Medicare Fraud Ignites Lobbying Frenzy

The Biden administration has proposed changes to how it would pay private Medicare Advantage plans.  The change in payment formulas is an effort, Biden administration officials say, to tackle widespread abuses and fraud in the increasingly popular private program.  The proposed changes have unleashed an extensive and noisy opposition front, with lobbyists and insurance executives flooding Capitol Hill to engage in their fiercest fight in years.

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