Dr. Oz's Latest Scam -- And Why Private Health Insurers Love It - More Perfect Union

[TexasTowelie]

Dr. Mehmet Oz, the recently-confirmed administrator of the Centers for Medicare & Medicaid Services. says that he wants to expand Medicare Advantage — a program that former health insurance executive Wendell Potter calls “one of the biggest scams [...] we’ve seen in this country.” It lets private health insurers siphon tens of billions of taxpayer dollars to pad their bottom line, but is sold as a way for seniors to save money. In reality, it costs taxpayers 22% more than traditional Medicare. We investigated why Trump and Oz want this program to be even bigger, and who the biggest winners (and losers) will be if they do.