Health Insurance Whistleblower: Medicare Advantage Is “Heist” by Private Firms to Defraud the Public

Many of the nation’s largest health insurance companies have made billions of dollars in profits by overbilling the U.S. government’s Medicare Advantage program. A New York Times investigation has revealed that under the Advantage program, health insurance companies are incentivized to make patients appear more ill than they actually are. Some estimates find it has cost the government between $12 billion and $25 billion in 2020 alone. We speak with former healthcare insurance executive Wendell Potter, now president of the Center for Health and Democracy, who says Medicare Advantage will be recognized in years to come as the “biggest transfer of wealth” from taxpayers to corporate shareholders, and blames the lack of regulation over the program on the “revolving door between private industry and government.”

Health Insurance Whistleblower: Medicare Advantage Is “Heist” by Private Firms to Defraud the Public

Related:

‘The Cash Monster Was Insatiable’: How Insurers Exploited Medicare for Billions (archived)

America’s Failed Fascist Coup…Steve Bannon’s High Treason With Chinese Patron and Why the U.S. Authorities Ignore

America’s Failed Fascist Coup… Steve Bannon’s High Treason With Chinese Patron and Why the U.S. Authorities Ignore

As for Bannon’s financial patron, Guo Wengui, he is now officially declared bankrupt but still living in the United States. Given his role in sponsoring a failed coup in the U.S., one would think that the authorities might be considering extraditing him to China where he is wanted on serious corruption charges. That doesn’t appear to be a likely outcome. Why not? It seems that Guo’s anti-China views and broadcasts to the Chinese-American diaspora are too useful for the U.S. establishment in pursuing its hostile policy towards Beijing.

Washington’s hostile agenda against China (dressed up as a purported security threat) is evidently a much bigger priority than defending its own democratic institutions.

Wrong GTV, I believe.

Related:

A Fugitive Chinese Mogul Spent Big to Overturn the 2020 Election

The new information shows that Guo played a previously unreported role in financing the promotion of false election fraud claims in the immediate aftermath of Trump’s defeat. Guo’s spending on these efforts was not against the law. But Guo—a divisive figure with extensive legal problems—had ample reason to seek Trump’s favor. Guo is pursuing political asylum in the United States. If denied, he could face deportation and probable imprisonment in China. He was then, and remains, under investigation by US federal prosecutors for possible fraud and other malfeasance. Since 2020, the US Security and Exchange Commission has also been investigating his role in what it has said was an illegal public offering by a Guo media company. The SEC forced three companies linked to Guo to pay a $539 million settlement last year. According to two sources with knowledge of the probe, the commission is continuing to investigate Guo personally.

Guo has also been accused in lawsuits filed by former business partners and Chinese dissidents of working as a Chinese agent while posing as a CCP critic. No court has ruled on the legitimacy of those allegations, and Guo denies them. He denies all allegations of fraud and other wrongdoing, as well.

Who is Guo Wengui?

Four voters with disabilities have filed a federal lawsuit to ensure they can vote following Supreme Court ruling + More

Four voters with disabilities have filed a federal lawsuit to ensure they can vote following Supreme Court ruling

Related:

Disabled Voters File Lawsuit Claiming Wisconsin High Court’s Ruling Barring Help Returning Ballots Violates U.S. Constitution

Before the ballot box, Americans with disabilities have problems getting voting information