Report suggests the end of the Medicare Advantage program

Medicare Advantage

Government Accountability Office considers Medicare Advantage unsustainable A new report from the Government Accountability Office (GAO), an investigative arm of the U.S. Congress, is calling for the end of the country’s Medicare Advantage initiative. The Advantage program provides expanded health care benefits to those participating. The report calls into question whether the program is financially sustainable for the country and suggests that current and future administrations should focus more on improving the benefits that are associated with the Affordable Care Act. Advantage program draining country resources The report notes that…

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An undecided Senate panel hears plans regarding the National Flood Insurance Program

The National Flood Insurance Program, which provides flood insurance to the majority of homes in flood prone and coastal areas throughout the country, will lapse at the end of September. Legislators are feeling the pressure of a hurricane season that is bringing a sleuth of storms from the Atlantic Ocean as well as insurance companies to make changes to the existing program so that it will continue. The other day, a Senate Banking subcommittee heard recommendations from representatives of the Government Accountability Office. The panel heard proposed improvements to the…

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