Nonprofit hospitals … are supposed to serve the public good in exchange for being exempt from federal, state and local taxes — exemptions that added up to $28 billion in 2020.
[Yet] detailed media reports show them hounding poor patients for money, cutting nurse staffing too aggressively and giving preferential treatment to the rich over the poor….
Hardly a week goes by but what I read something critical of Medicare Advantage (MA) plans. MA plans have become somewhat politicized with Democrats preferring government-run (traditional) Medicare, while Republicans like the idea of competition among private plans. Here is the thing that critics forget: MA plans are popular with seniors. They are growing and now cover more than half of all people enrolled in Medicare, about 31 million seniors and disabled individuals.
If all Medicare beneficiaries were in Medicare Advantage, the hospital trust fund would remain solvent until 2048.