Biden admin threatening your Medicare Advantage plan. Here's what they're not telling you

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It’s January, and with a new year comes a fresh threat to both taxpayers and seniors: Further cuts to Medicare Advantage, courtesy of the Biden administration.

This could occur soon, as the Centers for Medicare and Medicaid Services (CMS) will release a boring-sounding "rate notice" relating to Medicare Advantage in the coming weeks.

Medicare Advantage plans are well-liked private insurance options that stand out from traditional Medicare because they can set payment methods and levels and reject certain providers. This flexibility has enabled Medicare Advantage plans to increase their value, providing better coverage and outcomes than traditional Medicare.

Depending on what CMS does, they could further incentivize seniors to move away from Medicare Advantage plans and toward traditional Medicare fee-for-service.

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Studies show that Medicare Advantage greatly aids overall Medicare solvency and delivers better value for taxpayers, consumers and seniors. So what happens in the coming weeks could matter a lot to you, your older relatives and friends, and even your kids and grandkids, who will someday bear the cost of paying for entitlements.

A lot of people missed last year’s stealthy cuts to Medicare Advantage. And for good reason. The government worked hard to keep the cuts on the down low.

The first troubling trick was CMS touting a growth rate for Medicare Advantage of 2.28%, which sounds like an increase, not a cut. But at the time, the country was still experiencing higher than the typical 3% inflation or more, the Congressional Budget Office was projecting a roughly