Therefore, it is critical that we find a way to breakdown the Monopolistic Predatory Abuse of the 5 Major Private Health Insurance Corporations (e.g., Humana, United, Elevance/Anthem, Cigna, Centene) that use Government Funded (Tax Payer) Dollars to continuously delay and deny legitimate lifesaving healthcare to the elderly, disabled, and indigent on Medicare Advantage plans.
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@g0 C’mon, don’t give me that! Then, how come eHeath.com and all Medicare Salespeople inly mention the 5 major health insurance corporations?!
Nobody ever mentions the other 145 smaller health insurance corporations you mentioned.
Which gets us back to the 5 behemoth ones need to be broken up into much smaller companies.
@fh there are 150+ companies that offer MA part C. Y’all are trying to make an issue out of nothing.
@ep Yes, if you consider that the population in America that qualifies for Medicare is approximately 70 million people, then most certainly only 5 corporations that offer Medicare Advantage are a monopoly. Or technically an oligopoly, if you prefer.
Considering the aforementioned target population, those 5 major corporations really should be divided by 10. In other words, CMS should have 50, not 5, to contract with for Medicare Advantage.
50 much smaller sized companies would reduce “price fixing” and allow for much more of a free market capitalist playing field that would naturally produce competitive prices that benefits both the Medicare Members and the Federal Government.
You are most likely opposed to this because having only a smaller set of behemoth sized 5 major corporations benefits your paycheck personally, if you were to be honest.
Ah yes a 5+ company “Monopoly” can totally happen…
Agree. Monopolies actually fly in the face of free market capitalism. These monopolies need to be broken up!