A Medicare Election Bribe for Seniors: CMS stretches the law to raise subsidies for insurers to reduce Part D premiums before Nov 5th.

[Duaine]

’Tis the season for election handouts. On Friday the Biden Administration announced lower Medicare prescription drug premiums, which will naturally be paid for by taxpayers. The political irony is that Biden officials are increasing subsidies to insurers they otherwise vilify to mitigate pre-election harm from the Inflation Reduction Act.

Article behind WSJ paywall.

https://www.wsj.com/opinion/cms-med...sidies-insurers-biden-administration-ebb0daa5

 

[somarco]

Money grows on trees in DC. Thought you would have figured that out by now.