And then when people actually do need more care, private insurance companies under Medicare Advantage don't want to pay for it. And all of this adds up to Private insurance companies under Medicare Advantage take somewhere between 80 billion and $140 billion per year from the federal government. that they then pocket in their own profits. That's a lot of your waste, fraud and abuse margin right there. 80 to $140 billion per year. (03:23–03:30)
CLAIM
Asserts that Medicare Advantage companies take $80-$140 billion annually from the federal government.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
