Medicare Advantage Plans In 2005 Made $1.14B More In Profits Than They Projected, GAO Report Finds
Jun 30th 2008Drug InformationMedicare / Medicaid / Tricare
Private insurers participating in the Medicare Advantage program in 2005 spent less on medical services for beneficiaries and recorded larger profits than projected, according to a Government Accountability Office report released Wednesday, the Los Angeles Times reports (Los Angeles Times, 6/26).
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