House Republican Study Committee (RSC) Chairman Kevin Hern (R-OK) told Breitbart News in an exclusive statement that President Joe Biden’s move to cut Medicare Advantage is the “first step” towards Medicare for All.
The Biden administration quietly released two statements in the week describing their plans to deliver two substantial cuts to Medicare seniors by cutting the Medicare Advantage program.
In the first plan, the Biden administration plans to claw back at least $4.7 billion from 2023 through 2032 by identifying and recovering alleged overpayments.
Rep. Kevin Hern (R-OK) on March 1, 2022, in Washington, DC. (Samuel Corum/Getty Images)
In the other, more drastic move, the Centers for Medicare and Medicaid Services (CMS) said Medicare Advantage insurers could face an average 2.3 percent cut to baseline payments in 2024. This would be a cut of more than $3 billion to the Medicare Advantage industry.
The Biden administration finalized an oft-delayed plan to step up…
