Senate investigation finds companies selling Medicare Advantage plans misled consumers

The New York Times (11/3, Abelson, Sanger-Katz) reports companies selling Medicare Advantage “plans to older adults have posed as the Internal Revenue Service and other government agencies, misled customers about the size of their networks and preyed on vulnerable people with dementia and cognitive impairment, according to a new investigation of deceptive marketing practices in the industry released Thursday by the Senate Finance Committee.” The investigation “catalogs complaints from 14 states, and a multitude of marketing materials generated by the insurers and the companies they hire to help sell the private plans.” The Senate committee “says people both in traditional Medicare and those already in a private plan have been inappropriately switched.”

Related Links:

— “Private Medicare Plans Misled Customers Into Signing Up, Senate Report Says, The New York Times, November 3, 2022

Posted in In The News.