Long story short: tell Medicare to stop overpaying Medicare Advantage, tell our FTC to stop the proposed Capital One/Discover merger, and tell our SEC to force big corporations to disclose their stock buybacks. Use the email/petition tools in the following paragraphs to communicate your will.
First things first. Our Centers for Medicare and Medicaid Services (or CMS) has proposed actually increasing payments to privatized Medicare Advantage health insurance plans – which, as you know from recent reporting, deliver more “advantages” to executives than seniors. Our government has already overpaid Medicare Advantage by tens of billions of dollars, and should be clawing that money back from private insurers, not rewarding them for worse service. Hence you may leave a public comment at regulations.gov, in which you may tell our CMS to reduce Medicare Advantage payments and claw back past overpayments.
Patriotic Millionaires helps you tell our Federal Trade Commission (or FTC) to block the proposed Capital One/Discover merger. I can tell you from experience that Discover offers by far the best service to its credit card customers – and I can also tell you from experience that Capital One will end that record of service if we allow it to take over Discover. All because good service doesn’t gild the plumbing in some executive’s 19th vacation home! Our “liberal” media still covers mergers like they’re done deals, but this is America, and Joe Biden’s President, so they’re not done deals. But only if we speak out.
Finally, Take On Wall Street helps you tell our Securities and Exchange Commission (or SEC) to force big corporations to disclose their stock buyback purchases. Because when big corporations buy back stock, they not only concentrate power in the hands of fewer (and richer) people, they also don’t invest in good products and good services. If you think that’s outside of our SEC’s purview, remember that investors also want to know if they’re sinking their money into a good corporation – or just a corporation that delivers big money until, just to pull an example out of the air, a door blows off a plane in mid-air.
Comments