How Politics Caught Up to the Business of Medicare Advantage
Elizabeth Warren speaks during a news conference on Medicare Advantage plans in Washington, DC on July 25.
Photographer: Alex Wong/Getty ImagesHi, it’s John in New York. Over the last few years I’ve watched concerns about the cost of private Medicare plans go from a sleepy, obscure issue to a rising concern in Washington. More on that below. But before we get to that ...
Sometimes the politics of US health care seems disconnected from the reality of the business. Take Medicare. For almost a decade, stretching back to Bernie Sanders’ run for the Democratic presidential nomination in 2016, Medicare-for-all has been the north star for progressive politicians who want to replace private health insurance with a public single-payer system.