AMAC Action Opposes Biden’s Cuts to Medicare Advantage

Washington, D.C. – AMAC Action strongly opposes the Biden administration’s cuts to Medicare Advantage, a policy which breaks the president’s explicit promise to American seniors and will force millions of beneficiaries to pay more out-of-pocket for their care.

In public comments submitted to the Centers for Medicare and Medicaid Services, AMAC Action condemned President Biden’s decision to slash Medicare Advantage benefits for the second year in a row, despite again promising during his 2024 State of the Union Address to never cut benefits.

With more than 31 million Americans receiving their benefits through Medicare Advantage plans – which are documented to save seniors nearly $2,000 in total annual out-of-pocket and premium spending compared to traditional Medicare – this most recent round of cuts will leave many seniors on fixed incomes at risk of being unable to afford their care.

Medicare Advantage plans are particularly important for middle- and low-income Medicare recipients. In 2022, 52 percent of Medicare Advantage beneficiaries lived below 200 percent of the federal poverty level.

AMAC Action President Bob Carlstrom said, “The Biden administration’s attack on the Medicare Advantage program is an attack on America’s seniors. These very popular plans deliver great health outcomes while offering tremendous value to beneficiaries, many of whom are struggling to make ends meet thanks to Bidenomics. Medicare Advantage has also been proven to lower health expenditures and we ardently advise this administration to strengthen this program instead of weakening it.”

Every American senior deserves care that is both affordable and meets their needs. President Biden’s cuts to Medicare Advantage needlessly make achieving both of these outcomes more difficult.

You can read AMAC Action’s letter to CMS here.

For media inquiries please contact Alyssa Lopresti: alopresti@amac.us, 631-337-0106