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US watchdog blasts Medicare quality insurance project

from Reuters

Medicare, the U.S. healthcare program for the elderly, is spending more than $8 billion on a quality-improvement project for private health coverage that mainly rewards plans with mediocre performances, a U.S. government watchdog said. A report by the Government Accountability Office recommends canceling the Medicare Advantage quality bonus payment project in preference for quality improvements prescribed by President Barack Obama's healthcare law. more

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