Concern should be your health and our nation's - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Health/Employee Benefits News
Newswires RSS Get our newsletter
Order Prints
March 1, 2025 Newswires
Share
Share
Tweet
Email

Concern should be your health and our nation's

Staff WriterAlbany Democrat-Herald

If you are eligible for Medicare and not on Medicare "Advantage," you may soon receive a letter from the Centers for Medicare and Medicaid Services announcing that your health care provider is working with an accountable care organization, or ACO, known as "Belong Health."

"Belong Health" is available in the mid-Willamette Valley to "improve your health care experience and better meet your individual health needs." The ACO works with your hospital to help your primary care provider coordinate your care. All sounds good so far.

But Belong Health ACO is owned by a venture capital company, Maverick Ventures, the very name of which should give us all pause. Centers for Medicare and Medicaid Services rules allow ACO-REACH companies such as Belong Health to retain (for profit and overhead) as much as 25% of what they receive from Medicare.

In other words, only 75% of the money Medicare sends to Belong Health may reach hospitals and care providers for patient care coordination.

By contrast, traditional Medicare takes out only 2% to 3% of your Medicare money for administrative overhead. Medicare "Advantage" companies can retain up to 15%.

Venture capital, private equity, and private insurance companies can take between 13% to 23% more than traditional Medicare does of our Medicare money for themselves instead of your health.

If you receive the Centers for Medicare and Medicaid Services letter, please read it carefully and consider not being part of the plan. Look for the phrase, "If you don't want Medicare to share information with your health care providers for care coordination, call 1–800–MEDICARE (1–800– 633–4227)."

It takes patience and time to extract yourself from this form of Medicare privatization. It's likely worth your effort later when you need health care, don't want a venture capital company in the room with your doctor, and want to be sure Medicare remains financially sustainable.

Medicare "Advantage" profits by marketing to healthy and lower-cost patients, gaming risk pools, using narrow networks of providers, upcoding diagnoses for higher reimbursement, and restricting your care through prior authorization (traditional Medicare does not require). Medicare Advantage companies inappropriately issue millions of denials for care that meet legal Medicare coverage rules.

Privatization through ACOREACH programs such as "Belong Health" present an additional threat to Medicare sustainability and your freedom to access care that traditional Medicare would otherwise guarantee. Accountable care organizations are just another way to privatize and milk the Medicare system and threaten its long-term survival.

Medicare Advantage plans look attractive initially because of low premiums and attractive perks. Many people have had good luck with their plans, but people with chronic or severe illnesses often find that they cannot get the care they need. They then try to get back into traditional Medicare.

The industry and their lobbyists have made it extremely hard to get back into traditional Medicare, which has far fewer restrictions and far more egalitarian purpose than Medicare Advantage plans.

For more information, please visit Mid-Valley Health Care Advocates, Health Care for All Oregon, Physicians for a National Health Program and One Payer States. As you peruse the sites, imagine how you can involve yourself in the movement for a simplified publicly owned health care system.

The concern should be your health and the health of our nation, not whether you "deserve" care.

Finally, please find the Oregon Universal Health Plan Governance Board online and attend its meetings 9 a.m. to noon on the third Thursdays of the month. The board is developing a universal health plan for Oregon. It needs your oversight and input about what you want in a health care system and how to pay for it.

Michael C. Huntington, MD, of Corvallis is a retired radiation oncologist and longtime member of Mid-Valley Health Care Advocates.

Older

National Pension Service Has $32.48 Million Stake in Carlisle Companies Incorporated (NYSE:CSL)

Newer

The History of Regime Change in Ukraine and the IMF’s Bitter “Economic Medicine”

Advisor News

  • 2026 may bring higher volatility, slower GDP growth, experts say
  • Why affluent clients underuse advisor services and how to close the gap
  • America’s ‘confidence recession’ in retirement
  • Most Americans surveyed cut or stopped retirement savings due to the current economy
  • Why you should discuss insurance with HNW clients
More Advisor News

Annuity News

  • Ameritas: FINRA settlement precludes new lawsuit over annuity sales
  • Guaranty Income Life Marks 100th Anniversary
  • Delaware Life Insurance Company Launches Industry’s First Fixed Indexed Annuity with Bitcoin Exposure
  • Suitability standards for life and annuities: Not as uniform as they appear
  • What will 2026 bring to the life/annuity markets?
More Annuity News

Health/Employee Benefits News

  • Ga. Dems criticize Senate challengers for end of insurance subsidies
  • Open Forum: Is that the way the ball bounces?
  • Democrats criticize Georgia US Senate challengers for end of health insurance subsidies
  • ICE is using Medicaid data to determine where immigrants live
  • Column: Universal Health Insurance Could Cure Most Of What Ails This Nation’s System Today
More Health/Employee Benefits News

Life Insurance News

  • Guaranty Income Life Marks 100th Anniversary
  • Delaware Life Insurance Company Launches Industry’s First Fixed Indexed Annuity with Bitcoin Exposure
  • Suitability standards for life and annuities: Not as uniform as they appear
  • Looking at Medigap supplements
  • What will 2026 bring to the life/annuity markets?
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

8.25% Cap Guaranteed for the Full Term
Guaranteed cap rate for 5 & 7 years—no annual resets. Explore Oceanview CapLock FIA.

Press Releases

  • ePIC Services Company and WebPrez Announce Exclusive Strategic Relationship; Carter Wilcoxson Appointed President of WebPrez
  • Agent Review Announces Major AI & AIO Platform Enhancements for Consumer Trust and Agent Discovery
  • Prosperity Life Group® Names Industry Veteran Mark Williams VP, National Accounts
  • Salt Financial Announces Collaboration with FTSE Russell on Risk-Managed Index Solutions
  • RFP #T02425
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet