Dempsey: Trump can fix Medicare cuts

During his campaign, Donald Trump promised to protect Medicare. After Joe Biden’s Medicare Advantage, President Trump had his work cut out for him.

For two years, the Biden administration authorized steep cuts to Medicare Advantage, the most popular Medicare choice today, which serves more than 34 million. Meanwhile, medical costs and use rates were rising, putting more pressure on the program. The result has been predictably disastrous: 2 million seniors have been forced to find new Medicare Advantage plans for this year thanks to widespread plan closures. Millions more have faced higher costs and reduced benefits.

The good news is that Trump can fix Medicare Advantage and can start immediately.

On its way out the door, the Biden administration released a draft of the annual payment rate for Medicare Advantage, known as the Advance Notice. It proposed only a modest bump, not even close to enough to reverse the damage of the past few years.

Trump will have the final say. His administration can keep its promise to protect Medicare Advantage by releasing a strong final rate, ensuring the cost of seniors’ healthcare won’t increase.

This one simple step would go a long way toward making America healthy again. Medicare Advantage is transforming healthcare for seniors by prioritizing preventive care, chronic disease management and behavioral health. By keeping seniors healthier and out of hospitals, Medicare Advantage has saved taxpayers$144 billion. It’s a rare example of a government program that has actually worked.

Medicare Advantage is also a testament to the success of market-driven healthcare. Unlike traditional fee-for-service Medicare, which is plagued by inefficiencies and fraud, Medicare Advantage harnesses private-sector competition to deliver superior care at lower costs. Seniors enrolled in Medicare Advantage spend, on average, $2,541 less annually than those enrolled in fee-for-service Medicare, even while Medicare Advantage provides critical benefits that original Medicare does not, including vision, dental, hearing and wellness programs.

Trump is looking to eliminate waste, fraud and abuse in the federal government and ensure that Americans get the maximum return on their tax dollars. It’s an important goal, and Medicare Advantage is a perfect example of how the federal government can work better and more efficiently.

When plans compete, we all win. This is the kind of program our government should be doubling down on for the future.

This is a crucial moment with the Advance Notice before the administration and spending discussions on Capitol Hill. Policymakers must ensure sufficient funding for Medicare Advantage and fight regulatory overreach that threatens the program’s future. Failure to act will push more seniors to the financial brink, further jeopardizing their health and well-being.

The stakes are too high to ignore; now is the time to act decisively and ensure this vital program survives and thrives for future generations.

Katie Dempsey, a Republican, is a state representative in Georgia/InsideSources

Leave a Reply

Your email address will not be published.

Previous post Matt Bomer relishes ‘Mid-Century Modern’ family
Next post ‘Celtics City’ turns spotlight on legends