Traditional Medicare, our nation's most efficient and effective public health program, is being handed over to Wall Street profiteers.
Here's how it works: The Medicare Direct Contracting program (which will be renamed "REACH" in 2023), pays third-party middleman called Direct Contracting Entities (DCEs) a flat fee to "manage" seniors' care. DCEs are allowed to keep up to 40% of their Medicare payments as overhead and profits — a major incentive to restrict care. Even worse, seniors are enrolled in DCEs without their knowledge or consent. Any type of company can be a DCE, including commercial insurers and private equity firms.
We have the power to stop Direct Contracting in its tracks, but we need everybody to join the fight.
On Monday, May 23 at 1pm Eastern, advocates from Vermont Physicians for a National Health Program, along with nearly 300 other community and seniors groups, will launch a national campaign to protect Medicare from Wall Street. This campaign event is free and open to all, but you must register in advance.
Turning Up the Heat on Medicare Direct Contracting and REACH:
REGISTER NOW at https://pnhp.salsalabs.org/REACHlaunchwebinar/index.html
On May 23, we'll learn more about this threat to Medicare and the plans to stop profiteering once and for all. You won't want to miss it!
Confirmed speakers and organizations include:
Jane Addams Senior Caucus
California Alliance for Retired Americans
Puget Sound Advocates for Retirement Action
Physicians for a National Health Program
Rep. Pramila Jayapal
Rep. Katie Porter
Please register for this important event now, and join me on May 23. For more information go to https://protectmedicare.net/
In solidarity,
Betty Keller
President, Vermont Physicians for a National Health Program
waittvt@gmail.com
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