Congress Approved an Experiment, but the White House Is Going for a Total Makeover of Medicare Favoring Wall Streeters In 2020, the Trump administration launched a plan to hand traditional Medicare over to Wall Street. Inexplicably, the Biden administration is playing along. The overwhelming evidence demonstrates that the plan will drive up healthcare costs, inhibiting people from getting needed care. So-called Direct Contracting Entities, DCEs, must pay for the care of the people assigned to them. Here’s the sweet part for Wall Street: In addition to the normal profits from providing services, these firms can keep as much as 40…
Author: Diane Archer
Diane Archer
Diane Archer is president of Just Care USA, an independent digital hub covering health and financial issues facing boomers and their families and promoting policy solutions. She is the past board chair of Consumer Reports and in 1989 founder and president of the Medicare Rights Center.
Executive Order Aims to Cut ‘Time Tax’ that Delays Receiving Aid