The Massachusetts Democrat grew more agitated as the nominee to federal health insurance boards dodged her questions.
She grilled him on his salary for serving on the board of a for-profit insurance company that she said makes money off Medicare Advantage. She said Medicare Advantage plans are overcharging the government by billions of dollars and are “threatening the solvency of Medicare.”
KOUZOUKAS: I believe, Senator, as laid out in your letter, you pointed out to the payment that was from Clover for, with regards to 2022, and the compensation therein being in the category of $100,000. KOUZOUKAS: Senator, the review of my current activities and my credentials and qualifications is one that all nominees undergo and that’s one that led to the president putting my nomination before this body. I’m grateful for that and if given the opportunity–
WARREN: I appreciate that, but I asked you a pretty straightforward question. If you’re actually gonna be a trustee on behalf of the American people and people who care about the solvency of Medicare, then I think you oughta be able to answer – if Medicare currently, as it stands, put more restrictions on Medicare Advantage, would that likely cut into the profitability of Clover, the company from which you receive more than $100,000 in compensation annually?the question I’m asking.
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