How Medicare Advantage insurers gain influence and keep billions in overcharges
Briefly

Federal officials resolved more than a decade ago to crack down on whopping government overpayments to private Medicare Advantage health insurance plans, which were siphoning off billions of tax dollars every year.
The question is, what's CMS doing about it? The agency must tighten up its controls and work with the Justice Department to prosecute and recover improper payments.
The health plans throw a temper tantrum and then CMS will back off, indicating the unsettling history of yielding to industry pressure.
Government spending on Medicare Advantage, which is dominated by big health insurance companies, is expected to hit $462 billion this year.
Read at Fortune
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