Medicare Privatization: Medicare Advantage and REACH
A threat to seniors and the future of Medicare
Thursday, Dec. 15 at 7:00 pm EST by zoom
Speaker: Corinne Frugoni, MD
Retired family physician and former Co-chair of Physicians for a National Health Program—California
Recent federal reports and New York Times articles have called attention to the persistent threats to Medicare from private, for-profit Medicare Advantage plans. These deceptively marketed plans have been exposed for denial of care as they reap billions at the expense of the Medicare Trust Fund.
Unfortunately, Medicare Advantage is not the only imminent danger to Medicare. An under-the-radar pilot program called Direct Contracting Entities (DCEs), renamed ACO REACH, places seniors who have chosen traditional Medicare into for-profit plans dominated by private equity, venture capital, and insurance companies. These plans, into which seniors are placed without their consent, create a profit incentive for the denial of care. The Center for Medicare and Medicaid Services plans to have all seniors in such plans by 2030.
We now see DCEs operating in Kentucky. One named “Oak Street” is open at 1731 Dixie Highway and at 5743 Preston Highway. There are more in Louisville, Lexington, Pikeville, Hazard, Paducah, and Murray. Most people are unaware of DCEs and ACO REACH and the new threat they pose to Medicare. That’s why we are inviting you to a free, educational program.
This program is free but you must register in advance:
After registering, you will receive an email with the zoom link for joining the meeting.
Please spread the word and join us.
The program will be followed by Q and A and your questions and discussion will be welcome.
Many organizations are calling for the termination of ACO REACH which President Biden could end with the stroke of a pen. A sample resolution is here. Further info is here.