"Because if you can't manage costs for less than the traditional Medicare plan, then why are we doing this?"
A health policy consultant said Thursday a popular Medicare health plan run by private companies amounts to "corporate wellfare," and should be scaled back by Congress.
Robert Laszewski, president of Health Policy and Strategy Associates, said Congress should limit how long health insurers like Humana Inc. and WellCare Inc. can operate health plans in rural parts of the country that cost more than government-run plans.
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