That was my reaction when I first heard the number and it’s why I asked a few more times. This number comes from close to the beginnning of the program so part of it might have been incentive. But knowing how corrupty our trade and military ‘deals’ are - this doesn’t surprise me. Trump said once looking at some of our trade agreements that the people who made the deals were either very corrupt OR stupid. And he didn’t think they were stupid.
I have talked to several Medicare insurance agents and they indicate that “Advantage” reimbursement rates to insurance companies vary (based on demograpics of the client base and performance) but are generally between $1,200. & $1,400. per month/per beneficiary....so more like ~$15,000. per year cost to the Feds per Medicare client on “Advantage” (AKA “Dis-Avantage”).