Politics and Principle: Obama’s Medicare Problem

My latest Kaiser Health News column is out. It’s about the bad political consequences of the good policy to cut payments to Medicare Advantage plans. It begins,

The Obama administration seems worried. In an election year, any change to Medicare that adversely affects beneficiaries is a political liability for incumbents. And big changes to Medicare are coming, beginning with Medicare Advantage, the program that provides private insurance alternatives to traditional fee-for-service Medicare, the program’s public option.

Read the rest here.

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