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Robert Pear: Despite Democrats’ Warnings, Private Medicare Plans Find Success August 25, 2012

Even as President Obama accuses Mitt Romney and Representative Paul D. Ryan of trying to privatize and “voucherize” Medicare, his administration crows about the success of private health plans in delivering prescription drug benefits and other services to Medicare beneficiaries.

More than a quarter of the 50 million beneficiaries receive coverage through private Medicare Advantage plans, mostly health maintenance organizations, and Medicare’s drug benefits are delivered exclusively by private insurers, subsidized by the government.

Obama administration officials, lawmakers from both parties and beneficiaries have generally been satisfied with the private plans.

Continue reading on The New York Times…