(MSCC) For Immediate Release, May 16, 2022

Press: Sharon Jasprizza, hello@localhost

New York City, NY— May 2022— On May 23, 2022, at 1 PM, Midtown South Community Council invites community members to watch our supporters testify on the negative impact private equity has on patient care. https://ProtectMedicare.net/May23.

Seniors will testify on the detrimental impact that medicare plans administered by corporations have had on their health. This is an increasingly relevant issue as more New Yorkers enroll in Medicare Advantage Plans. Congressional Representatives will speak about what they have done and what we should all plan to do to protect our seniors. Community members are invited to watch the hearing and learn how Medicare Advantage Plans can impact the health and well-being of them and the broader community. 

Confirmed speakers include representatives from Jane Addams Senior Caucus, the California Alliance of Retired Americans, the Puget Sound Advocates for Retirement Action, the Wisconsin chapter of Physicians for a National Health Program, and U.S. House Reps. Pramila Jayapal and Katie Porter

How is Medicare being sold to Wall Street profiteers?

1. The Medicare Direct Contracting program (which will be renamed “REACH” in 2023) pays third-party middlemen called Direct Contracting Entities (DCEs) a flat fee to “manage” seniors’ care
2. DCEs are allowed to keep up to 40% of their Medicare payments as overhead and profits—a significant incentive to restrict care
3. Even worse, seniors are enrolled in DCEs without their knowledge or consent
4. Any company can be a DCE, including commercial insurers and private equity firms

What you can do

1. We have the power to stop Direct Contracting in its tracks, but we need everybody to join the fight
2. If you are interested in automatically cross-posting the Livestream of the webinar to your organization’s Facebook page on May 23, please email dixon@pnhp.org

Other Information

Join the launch of the national campaign, Turning Up the Heat on Medicare Direct Contracting and REACH and learn more about this threat to Medicare and our plans to stop the profiteering once and for all!

Invited Speakers and Organizations Include: Jane Addams Senior Caucus; California Alliance for Retired Americans; Puget Sound Advocates for Retirement Action; Physicians for a National Health Program; Rep. Pramila Jayapal; Rep. Katie Porter; Rep. Mark Pocan; Rep. Jan Schakowsky

Please join Midtown South Community Council on May 23 and register for this important event: 

https://ProtectMedicare.net/May23

In solidarity,

John Mudd, Midtown South Community Council 

917-520-3009

midtownsouthcc.org

#StopREACH (primary)  #StopDCEs (use sparingly and only alongside the primary hashtag)