If these Medicare Advantage plans continue to mislead beneficiaries about covered providers, at the same time that they are overcharging taxpayers for this crumby coverage, then we should be taking another look at whether or not MA plans…
Elizabeth Warren
The Public Record
Elizabeth Ann Warren is an American attorney, academic, and politician serving as the senior United States senator from Massachusetts since 2013. A member of the Democratic Party, she has been a prominent advocate for consumer protection, economic equality, and corporate regulation. Warren gained national recognition for her work in establishing the Consumer Financial Protection Bureau and has focused on issues such as student debt relief and healthcare reform during her tenure in the Senate.
I tell you, nobody is jumping in with any other answer. You know, this is the part that just drives me crazy.
So look, what we are really saying here is that it is in the financial interest of these Medicare Advantage plans to discourage beneficiaries from accessing care.
So that is one way it is to the advantage of the Medicare Advantage plan, in order to be inaccurate.
Okay, so it is a way to defraud consumers, to say you have this really big list of people you could go to if you had a problem.
To help beneficiaries avoid these surprise costs, MA plans are required to publish directories which enrollees can use to find new doctors.
America is facing a mental health crisis. One in five Americans live with a mental illness, and for Medicare beneficiaries, it is one in four.
Majority Study Findings: Medicare Advantage Plan Directories Haunted by Ghost Networks.
Congress needs to put in place tough rules that make sure that executives pay up when their actions lead directly to a bank failure.
You know, it is clear that giving regulators power to do something is not always enough. Congress needs to force regulators to use it, which is what Senators Cortez Masto, Hawley, Braun's and my bill does.
That is why Senator Cortez Masto, Senator Hawley, Senator Braun, and I introduced a bipartisan bill to ensure that when executives crash their banks and threaten the banking system, those executives are forced to give up their fancy…
Regulators need to strengthen bank oversight, and Congress must reinstate stronger rules.
So in its postmortem of the Silicon Valley Bank collapse, the Fed found that legislation passed out of this Committee in 2018, led to weakened rules for big banks that were major contributors to Silicon Valley Bank's failure.
Bank executives who take on too much risk and crash their banks... should not get to ride off into the sunset with their ill-gotten gains.
We must modernize our enforcement rules to match the size and complexity of banks...
We need to strengthen our financial watchdogs' ability to impose fines, ban bad actors from the banking industry...
For too long front-line communities have been disproportionately impacted by the devastating effects of natural disasters.
So a year and a half ago, FEMA introduced Risk Rating 2.0, which is a new risk rating methodology for the National Flood Insurance Program.
Over the last 25 years, 99 percent of U.S. counties experienced at least one flooding event.
The Biden administration has made important reforms to address inequities in Federal disaster management programs.
For too long front-line communities have been disproportionately impacted by the devastating effects of natural disasters.
So a year and a half ago, FEMA introduced Risk Rating 2.0, which is a new risk rating methodology for the National Flood Insurance Program.
Over the last 25 years, 99 percent of U.S. counties experienced at least one flooding event.
CMS should increase its oversight efforts to audit health plan directories to ensure they hold MA plans accountable.





