Medicare update: List of lawmakers pushing for major changes via new bill [View all]
Source: Newsweek
A group of House Democrats has introduced legislation that would make some of the most significant changes to Medicare Advantage in years.
The Save MEDICARE Act of 2026 (H.R. 9544), introduced by Texas Representative Lloyd Doggett, is looking to tighten oversight of Medicare Advantage plans and overhaul payment formulas while increasing audits and recovering MA overpayments.
The lawmakers say that private insurers have been receiving billions of dollars in excessive payments while traditional Medicare is facing growing financial pressure.
Despite their early claims of greater efficiency and lower costs, Medicare Advantage has never saved a penny. It actually costs taxpayers more each year while offering consumers less. This unjustified, costly advantage private Medicare Advantage insurers receive must be ended to save taxpayers and end the disadvantage for Traditional Medicare, Doggett said in a statement.
Read more: https://www.msn.com/en-us/news/politics/medicare-update-list-of-lawmakers-pushing-for-major-changes-via-new-bill/ar-AA27p8f6