home.social

#advantage — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #advantage, aggregated by home.social.

  1. SailGP Bermuda: Black Foils grinder Marcus Hansen joins Denmark on two-event loan

    The move comes after the Black Foils confirmed they would not be able to sail in either Bermuda…
    #Denmark #Danmark #DK #Europe #Europa #EU #advantage #bermuda #black #Continue #denmark #fleet #foils #grinder #hansen #joins #loan #Marcus #ON #other #Return #sailgp #sidelines #stuck #take #Talent #Teams #their #twoevent #wait
    europesays.com/2971258/

  2. A quotation from Terry Pratchett

       The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money.
       Take boots, for example. He earned thirty-eight dollars a month plus allowances. A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. Those were the kind of boots Vimes always bought, and wore until the soles were so thin that he could tell where he was in Ankh-Morpork on a foggy night by the feel of the cobbles.
       But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that’d still be keeping his feet dry in ten years’ time, while the poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet.

    Terry Pratchett (1948-2015) English author
    Discworld No. 15, Men at Arms (1993)

    More about this quote: wist.info/pratchett-terry/8319…

    #quote #quotes #quotation #qotd #terrypratchett #discworld #vimes #advantage #boots #investment #poverty #quality #rich #savings #spending #wealth

  3. A quotation from Norman F. Dixon

    The values communicated by status-insecure parents are such that their children learn to put personal success and the acquisition of power above all else. They are taught to judge people for their usefulness rather than their likableness. Their friends, and even future marriage partners, are selected and used in the service of personal advancement; love and affection take second place to knowing the right people. They are taught to eschew weaknesses and passivity, to respect authority, and to despise those who have not made the socio-economic grade. Success is equated with social esteem and material advantage, rather than with more spiritual values.

    Norman F. Dixon (1922-2013) British cognitive psychologist, author, military engineer
    On the Psychology of Military Incompetence, Part 2, ch. 22 “Authoritarianism” (1976)

    More about this quote: wist.info/dixon-norman/82301/

    #quote #quotes #quotation #qotd #normanfdixon #advancement #advantage #aspirations #authority #childrearing #esteem #goals #insecurity #motivation #parenting #people #power #status #strength #success #transactionalism #utility #values

  4. A quotation from Norman F. Dixon

    The values communicated by status-insecure parents are such that their children learn to put personal success and the acquisition of power above all else. They are taught to judge people for their usefulness rather than their likableness. Their friends, and even future marriage partners, are selected and used in the service of personal advancement; love and affection take second place to knowing the right people. They are taught to eschew weaknesses and passivity, to respect authority, and to despise those who have not made the socio-economic grade. Success is equated with social esteem and material advantage, rather than with more spiritual values.

    Norman F. Dixon (1922-2013) British cognitive psychologist, author, military engineer
    On the Psychology of Military Incompetence, Part 2, ch. 22 “Authoritarianism” (1976)

    More about this quote: wist.info/dixon-norman/82301/

    #quote #quotes #quotation #qotd #normanfdixon #advancement #advantage #aspirations #authority #childrearing #esteem #goals #insecurity #motivation #parenting #people #power #status #strength #success #transactionalism #utility #values

  5. A quotation from Norman F. Dixon

    The values communicated by status-insecure parents are such that their children learn to put personal success and the acquisition of power above all else. They are taught to judge people for their usefulness rather than their likableness. Their friends, and even future marriage partners, are selected and used in the service of personal advancement; love and affection take second place to knowing the right people. They are taught to eschew weaknesses and passivity, to respect authority, and to despise those who have not made the socio-economic grade. Success is equated with social esteem and material advantage, rather than with more spiritual values.

    Norman F. Dixon (1922-2013) British cognitive psychologist, author, military engineer
    On the Psychology of Military Incompetence, Part 2, ch. 22 “Authoritarianism” (1976)

    More about this quote: wist.info/dixon-norman/82301/

    #quote #quotes #quotation #qotd #normanfdixon #advancement #advantage #aspirations #authority #childrearing #esteem #goals #insecurity #motivation #parenting #people #power #status #strength #success #transactionalism #utility #values

  6. A quotation from Norman F. Dixon

    The values communicated by status-insecure parents are such that their children learn to put personal success and the acquisition of power above all else. They are taught to judge people for their usefulness rather than their likableness. Their friends, and even future marriage partners, are selected and used in the service of personal advancement; love and affection take second place to knowing the right people. They are taught to eschew weaknesses and passivity, to respect authority, and to despise those who have not made the socio-economic grade. Success is equated with social esteem and material advantage, rather than with more spiritual values.

    Norman F. Dixon (1922-2013) British cognitive psychologist, author, military engineer
    On the Psychology of Military Incompetence, Part 2, ch. 22 “Authoritarianism” (1976)

    More about this quote: wist.info/dixon-norman/82301/

    #quote #quotes #quotation #qotd #normanfdixon #advancement #advantage #aspirations #authority #childrearing #esteem #goals #insecurity #motivation #parenting #people #power #status #strength #success #transactionalism #utility #values

  7. Reinforcement Learning: Policy gradient methods

    В предыдущих статьях Intro Reinforcement Learning и Reinforcement Learning: Model-free & Deep RL были рассмотрены подходы, в которых оптимальные действия находились косвенно через оценку полезности состояний или пар «состояние–действие». Такие методы принято называть value-based. Однако возникает вопрос: зачем строить сложные цепочки через value-функции, если можно напрямую обучать агента выбирать правильные действия? Такой policy-based подход интуитивно кажется проще и естественнее. Здесь о том, как это делается (ノ◕ヮ◕)ノ

    habr.com/ru/articles/979394/

    #Policy_gradient_methods #ActorCritic #Reinforcement_Learning #rl #Advantage

  8. A quotation from Nassim Nicholas Taleb

    Alas, one cannot assert authority by accepting one’s own fallibility. Simply, people need to be blinded by knowledge — we are made to follow leaders who can gather people together because the advantages of being in groups trump the disadvantages of being alone. It has been more profitable for us to bind together in the wrong direction than to be alone in the right one. Those who have followed the assertive idiot rather than the introspective wise person have passed us some of their genes. This is apparent from a social pathology: psychopaths rally followers.

    Nassim Nicholas Taleb (b. 1960) Lebanese-American essayist, statistician, risk analyst, aphorist
    The Black Swan, Part 2, ch. 12 “Epistemocracy, a Dream” (2007)

    Sourcing, notes: wist.info/taleb-nassim-nichola…

    #quote #quotes #quotation #qotd #blackswan #advantage #assertiveness #authority #fallibility #followers #groups #introspection #leaders #leadership #psychopath #selfconfidence #selfcriticism #tribalism

  9. A quotation from Nassim Nicholas Taleb

    Alas, one cannot assert authority by accepting one’s own fallibility. Simply, people need to be blinded by knowledge — we are made to follow leaders who can gather people together because the advantages of being in groups trump the disadvantages of being alone. It has been more profitable for us to bind together in the wrong direction than to be alone in the right one. Those who have followed the assertive idiot rather than the introspective wise person have passed us some of their genes. This is apparent from a social pathology: psychopaths rally followers.

    Nassim Nicholas Taleb (b. 1960) Lebanese-American essayist, statistician, risk analyst, aphorist
    The Black Swan, Part 2, ch. 12 “Epistemocracy, a Dream” (2007)

    Sourcing, notes: wist.info/taleb-nassim-nichola…

    #quote #quotes #quotation #qotd #blackswan #advantage #assertiveness #authority #fallibility #followers #groups #introspection #leaders #leadership #psychopath #selfconfidence #selfcriticism #tribalism

  10. A quotation from Nassim Nicholas Taleb

    Alas, one cannot assert authority by accepting one’s own fallibility. Simply, people need to be blinded by knowledge — we are made to follow leaders who can gather people together because the advantages of being in groups trump the disadvantages of being alone. It has been more profitable for us to bind together in the wrong direction than to be alone in the right one. Those who have followed the assertive idiot rather than the introspective wise person have passed us some of their genes. This is apparent from a social pathology: psychopaths rally followers.

    Nassim Nicholas Taleb (b. 1960) Lebanese-American essayist, statistician, risk analyst, aphorist
    The Black Swan, Part 2, ch. 12 “Epistemocracy, a Dream” (2007)

    Sourcing, notes: wist.info/taleb-nassim-nichola…

    #quote #quotes #quotation #qotd #blackswan #advantage #assertiveness #authority #fallibility #followers #groups #introspection #leaders #leadership #psychopath #selfconfidence #selfcriticism #tribalism

  11. CW: About Wealth inequality NOT being a problem...

    @freemo @chrismarkevich I think it is a problem (if you really mean originally near-0 problems from it) because of what is related to wealth are just too MANY as I see it below:

    Some may start good or seem giving but many start to damage or have limits / go cross the line.

    Thanks for your thoughts on those main points with ➡️

    So some of those elements and extensions below are listed that surpass good (again even starting out as good quickly by design go bad with or with awareness) which are the points are around:

    ➡️ material extraction / earth's limits related to wealth #oil #land whatever

    ➡️ geo-political relativity is inevitable (can't have land etc with disruptions) which eventually wealth funds as war problems even if you didn't mean it.

    ➡️ tax related to wealth inequality funding States / power that naturally corrupts / is less humble (and many companies might pay very little 1% tax whereas people pay 50%+ directly if not indirectly which is unfair - we should all be living it up easy !)

    ➡️ #economical #war (#wealrth inequality creates feelings / encourages more control / take overs / monopolies etc)

    ➡️ the #ignorance which buying / selling automatically embeds (makes far too easy as any most 'wealth') and encourages naturally a short way but from longer #hidden damage-chains more than understanding things a bit more by not using it and less importing it... and then having choice in being 'born into it' eventually means losing common sense and morality and skill as even more embedded and detached responsibility as #wealth / #externalization / distance itself becomes increasingly more.

    ➡️ just using banks - not cool - having wealth transacted and stored with those types of #cold people and it's false #economics.

    In my book the re-lending of this kind of wealth overnight (as the main type of #wealth let's say) dilutes all money (as man-made infinite numbers of "#growth" rather than actually planetary and #social measurements).

    Banks as momentary positive numbers in exchange for negatives long term (Debt / #Negative society / #treadmill society as result)

    So my storage of wealth = more debt and make things dilute faster. Hence why people kept it under their mattress and effectively so as in banks has only gets worse apart from 'safe keeping of it'

    #War of course provided by banks if most wealth needs storing "safely" (again to re-#loan it to other behind your back).

    Again other wealth but consider just #banks as 1 #hornets nest... and

    ➡️ If it's not geared towards Sharing then it's bad. #Privatization / #Gentrification / raising the bar always makes it a losing and inevitable power things as inequality with these #problems above - almost total control on people individual life itself (no #food or #shelter).

    Quality of life can be that much better for poor people as modern times are based on using / leveraging the poor people or even countries for the upper class / authorities #ultimatums (not just 1 but continual) else face #death /#turmoil... That is how wealth #inequality works more I think that what you indicated as almost nothing...

    Your next post is a bit confusing or confirming as mentions #unfair #advantage - I believe that's the whole point and existence of it or came to be at least..

    ➡️ Even highly #competitive #markets are bad / too #hyperactive / duplicative / exhausting in all this as material or #society even if seemingly 'giving' (damaging #planet / #people / being# ignorant overall).

    Thanks for your thoughts on those main points with ➡️

  12. CW: About Wealth inequality NOT being a problem...

    @freemo @chrismarkevich I think it is a problem (if you really mean originally near-0 problems from it) because of what is related to wealth are just too MANY as I see it below:

    Some may start good or seem giving but many start to damage or have limits / go cross the line.

    Thanks for your thoughts on those main points with ➡️

    So some of those elements and extensions below are listed that surpass good (again even starting out as good quickly by design go bad with or with awareness) which are the points are around:

    ➡️ material extraction / earth's limits related to wealth #oil #land whatever

    ➡️ geo-political relativity is inevitable (can't have land etc with disruptions) which eventually wealth funds as war problems even if you didn't mean it.

    ➡️ tax related to wealth inequality funding States / power that naturally corrupts / is less humble (and many companies might pay very little 1% tax whereas people pay 50%+ directly if not indirectly which is unfair - we should all be living it up easy !)

    ➡️ #economical #war (#wealrth inequality creates feelings / encourages more control / take overs / monopolies etc)

    ➡️ the #ignorance which buying / selling automatically embeds (makes far too easy as any most 'wealth') and encourages naturally a short way but from longer #hidden damage-chains more than understanding things a bit more by not using it and less importing it... and then having choice in being 'born into it' eventually means losing common sense and morality and skill as even more embedded and detached responsibility as #wealth / #externalization / distance itself becomes increasingly more.

    ➡️ just using banks - not cool - having wealth transacted and stored with those types of #cold people and it's false #economics.

    In my book the re-lending of this kind of wealth overnight (as the main type of #wealth let's say) dilutes all money (as man-made infinite numbers of "#growth" rather than actually planetary and #social measurements).

    Banks as momentary positive numbers in exchange for negatives long term (Debt / #Negative society / #treadmill society as result)

    So my storage of wealth = more debt and make things dilute faster. Hence why people kept it under their mattress and effectively so as in banks has only gets worse apart from 'safe keeping of it'

    #War of course provided by banks if most wealth needs storing "safely" (again to re-#loan it to other behind your back).

    Again other wealth but consider just #banks as 1 #hornets nest... and

    ➡️ If it's not geared towards Sharing then it's bad. #Privatization / #Gentrification / raising the bar always makes it a losing and inevitable power things as inequality with these #problems above - almost total control on people individual life itself (no #food or #shelter).

    Quality of life can be that much better for poor people as modern times are based on using / leveraging the poor people or even countries for the upper class / authorities #ultimatums (not just 1 but continual) else face #death /#turmoil... That is how wealth #inequality works more I think that what you indicated as almost nothing...

    Your next post is a bit confusing or confirming as mentions #unfair #advantage - I believe that's the whole point and existence of it or came to be at least..

    ➡️ Even highly #competitive #markets are bad / too #hyperactive / duplicative / exhausting in all this as material or #society even if seemingly 'giving' (damaging #planet / #people / being# ignorant overall).

    Thanks for your thoughts on those main points with ➡️

  13. A quotation from Marcus Aurelius

    Never regard something as doing you good if it makes you betray a trust, or lose your sense of shame, or makes you show hatred, suspicion, ill will, or hypocrisy, or a desire for things best done behind closed doors.
     
    [Μὴ τιμήσῃς ποτὲ ὡς συμφέρον σεαυτοῦ, ὃ ἀναγκάσει σέ ποτε τὴν πίστιν παραβῆναι, τὴν αἰδῶ ἐγκαταλιπεῖν, μισῆσαί τινα, ὑποπτεῦσαι, καταράσασθαι, ὑποκρίνασθαι, ἐπιθυμῆσαί τινος τοίχων καὶ παραπετασμάτων δεομένου.]

    Marcus Aurelius (AD 121-180) Roman emperor (161-180), Stoic philosopher
    Meditations [To Himself; Τὰ εἰς ἑαυτόν], Book 3, ch. 7 (3.7) [tr. Hays (2003)]

    Sourcing, notes, alternate translations: wist.info/marcus-aureleus/2675…

    #quote #quotes #quotation #advantage #benefit #betrayal #corruption #dishonesty #embarrassment #evaluation #hatred #hypocrisy #immorality #insincerity #integrity #lying #profit #secrecy #selfrespect #suspicion #vice

  14. A quotation from Marcus Aurelius

    Never regard something as doing you good if it makes you betray a trust, or lose your sense of shame, or makes you show hatred, suspicion, ill will, or hypocrisy, or a desire for things best done behind closed doors.
     
    [Μὴ τιμήσῃς ποτὲ ὡς συμφέρον σεαυτοῦ, ὃ ἀναγκάσει σέ ποτε τὴν πίστιν παραβῆναι, τὴν αἰδῶ ἐγκαταλιπεῖν, μισῆσαί τινα, ὑποπτεῦσαι, καταράσασθαι, ὑποκρίνασθαι, ἐπιθυμῆσαί τινος τοίχων καὶ παραπετασμάτων δεομένου.]

    Marcus Aurelius (AD 121-180) Roman emperor (161-180), Stoic philosopher
    Meditations [To Himself; Τὰ εἰς ἑαυτόν], Book 3, ch. 7 (3.7) [tr. Hays (2003)]

    Sourcing, notes, alternate translations: wist.info/marcus-aureleus/2675…

    #quote #quotes #quotation #advantage #benefit #betrayal #corruption #dishonesty #embarrassment #evaluation #hatred #hypocrisy #immorality #insincerity #integrity #lying #profit #secrecy #selfrespect #suspicion #vice

  15. A quotation from Marcus Aurelius

    Never regard something as doing you good if it makes you betray a trust, or lose your sense of shame, or makes you show hatred, suspicion, ill will, or hypocrisy, or a desire for things best done behind closed doors.
     
    [Μὴ τιμήσῃς ποτὲ ὡς συμφέρον σεαυτοῦ, ὃ ἀναγκάσει σέ ποτε τὴν πίστιν παραβῆναι, τὴν αἰδῶ ἐγκαταλιπεῖν, μισῆσαί τινα, ὑποπτεῦσαι, καταράσασθαι, ὑποκρίνασθαι, ἐπιθυμῆσαί τινος τοίχων καὶ παραπετασμάτων δεομένου.]

    Marcus Aurelius (AD 121-180) Roman emperor (161-180), Stoic philosopher
    Meditations [To Himself; Τὰ εἰς ἑαυτόν], Book 3, ch. 7 (3.7) [tr. Hays (2003)]

    Sourcing, notes, alternate translations: wist.info/marcus-aureleus/2675…

    #quote #quotes #quotation #advantage #benefit #betrayal #corruption #dishonesty #embarrassment #evaluation #hatred #hypocrisy #immorality #insincerity #integrity #lying #profit #secrecy #selfrespect #suspicion #vice

  16. Donald Trump promises he will
    “not cut one penny” of Medicare,
    but like most elected Republicans he’s a strong proponent of #Medicare #privatization.

    During his first administration, Trump issued an executive order that said #Medicare #Advantage,
    the privatized version of Medicare,
    “delivers efficient and value-based care through choice and private competition.”

    #Mehmet #Oz, the TV doctor Trump nominated to run the Centers for Medicare and Medicaid Services,
    disparages traditional Medicare and has called for massive expansion of Medicare Advantage.
    By remarkable coincidence, as of 2022 ➡️Oz owned a reported stake of $550,000 in UnitedHealth,⬅️ Medicare Advantage’s largest participant.

    There are many things the private sector does better than the federal government, -- among them enriching shareholders like Oz.
    But the private sector does not provide health care more efficiently than the public sector.
    That’s been demonstrated over and over, yet nobody wants to believe it.

    A reportpublished Wednesday by The Wall Street Journal
    summarizing a year’s worth of its investigations
    indicates that where Medicare Advantage really excels is in the filing of #fraudulent #claims.

    Congress created Medicare Advantage in 1997
    to demonstrate for good and all, damn it, that the market economy could be more cost-effective at delivering doctor and hospital care.
    The privatization program succeeded in winning over the public:
    54 percent of the Medicare-eligible population chooses Medicare Advantage.
    Medicare Advantage looks to people over 65 like a better deal because it covers things traditional Medicare doesn’t,
    such as visits to the dentist or the eye doctor. Some plans even cover acupuncture.
    ⚠️But if you get seriously ill and need to be referred to a specialist, Medicare Advantage isn’t so great.
    An April 2022 study by the Health and Human Services Department’s inspector general found that
    💥13 percent of the referrals denied under Medicare Advantage would have been approved under traditional Medicare.

    Medicare Advantage also shows that health care privatization is a lousy deal for taxpayers.
    💥Medicare Advantage costs the federal government 7 percent more per enrollee than traditional Medicare, according to an August 2024 study by the fiscally conservative Peter G. Peterson Foundation.
    For enrollees with similar health profiles, Medicare Advantage costs 22 percent more, according to the Medicare Payment Advisory Commission.

    Perhaps that’s because, as the Journal’s investigations found, Medicare Advantage insurers routinely
    pad their government reimbursement requests with #spurious #diagnoses.
    For example, an astounding 66,000 Medicare Advantage patients were diagnosed with diabetic cataracts
    even after these patients had surgery to correct them,
    making that diagnosis, in the Journal’s words, “anatomically impossible.”
    In other instances, patients whom Medicare Advantage insurers reported as HIV positive received none of the recommended treatments.
    If a doctor failed to furnish a desired diagnosis, insurers dispatched a nurse to the patient’s home to find one.
    Medicare Advantage insurers also conned veterans into enrolling in the program even though they were already covered adequately by the Veterans Administration health system, which has repeatedly been demonstrated to be superior to private hospital care (something else the public is reluctant to believe).

    UnitedHealth, the parent company of United Healthcare, whose chief executive, Brian Thompson, was assassinated last month, is, according to the Journal, a particular offender,
    furnishing doctors with checklists of possible diagnoses.
    Looking at Medicare data between 2019 and 2022, the Journal found that patients who moved from traditional Medicare to UnitedHealth’s Medicare Advantage plans
    “got 55 percent sicker, on paper” during their first year in Medicare Advantage.
    (UnitedHealth replied in a written statement that it provided “more accurate diagnoses” and alleged, without providing evidence, that the Journal’s reporting method was flawed)

    newrepublic.com/article/189804

  17. Donald Trump promises he will
    “not cut one penny” of Medicare,
    but like most elected Republicans he’s a strong proponent of #Medicare #privatization.

    During his first administration, Trump issued an executive order that said #Medicare #Advantage,
    the privatized version of Medicare,
    “delivers efficient and value-based care through choice and private competition.”

    #Mehmet #Oz, the TV doctor Trump nominated to run the Centers for Medicare and Medicaid Services,
    disparages traditional Medicare and has called for massive expansion of Medicare Advantage.
    By remarkable coincidence, as of 2022 ➡️Oz owned a reported stake of $550,000 in UnitedHealth,⬅️ Medicare Advantage’s largest participant.

    There are many things the private sector does better than the federal government, -- among them enriching shareholders like Oz.
    But the private sector does not provide health care more efficiently than the public sector.
    That’s been demonstrated over and over, yet nobody wants to believe it.

    A reportpublished Wednesday by The Wall Street Journal
    summarizing a year’s worth of its investigations
    indicates that where Medicare Advantage really excels is in the filing of #fraudulent #claims.

    Congress created Medicare Advantage in 1997
    to demonstrate for good and all, damn it, that the market economy could be more cost-effective at delivering doctor and hospital care.
    The privatization program succeeded in winning over the public:
    54 percent of the Medicare-eligible population chooses Medicare Advantage.
    Medicare Advantage looks to people over 65 like a better deal because it covers things traditional Medicare doesn’t,
    such as visits to the dentist or the eye doctor. Some plans even cover acupuncture.
    ⚠️But if you get seriously ill and need to be referred to a specialist, Medicare Advantage isn’t so great.
    An April 2022 study by the Health and Human Services Department’s inspector general found that
    💥13 percent of the referrals denied under Medicare Advantage would have been approved under traditional Medicare.

    Medicare Advantage also shows that health care privatization is a lousy deal for taxpayers.
    💥Medicare Advantage costs the federal government 7 percent more per enrollee than traditional Medicare, according to an August 2024 study by the fiscally conservative Peter G. Peterson Foundation.
    For enrollees with similar health profiles, Medicare Advantage costs 22 percent more, according to the Medicare Payment Advisory Commission.

    Perhaps that’s because, as the Journal’s investigations found, Medicare Advantage insurers routinely
    pad their government reimbursement requests with #spurious #diagnoses.
    For example, an astounding 66,000 Medicare Advantage patients were diagnosed with diabetic cataracts
    even after these patients had surgery to correct them,
    making that diagnosis, in the Journal’s words, “anatomically impossible.”
    In other instances, patients whom Medicare Advantage insurers reported as HIV positive received none of the recommended treatments.
    If a doctor failed to furnish a desired diagnosis, insurers dispatched a nurse to the patient’s home to find one.
    Medicare Advantage insurers also conned veterans into enrolling in the program even though they were already covered adequately by the Veterans Administration health system, which has repeatedly been demonstrated to be superior to private hospital care (something else the public is reluctant to believe).

    UnitedHealth, the parent company of United Healthcare, whose chief executive, Brian Thompson, was assassinated last month, is, according to the Journal, a particular offender,
    furnishing doctors with checklists of possible diagnoses.
    Looking at Medicare data between 2019 and 2022, the Journal found that patients who moved from traditional Medicare to UnitedHealth’s Medicare Advantage plans
    “got 55 percent sicker, on paper” during their first year in Medicare Advantage.
    (UnitedHealth replied in a written statement that it provided “more accurate diagnoses” and alleged, without providing evidence, that the Journal’s reporting method was flawed)

    newrepublic.com/article/189804

  18. Donald Trump promises he will
    “not cut one penny” of Medicare,
    but like most elected Republicans he’s a strong proponent of #Medicare #privatization.

    During his first administration, Trump issued an executive order that said #Medicare #Advantage,
    the privatized version of Medicare,
    “delivers efficient and value-based care through choice and private competition.”

    #Mehmet #Oz, the TV doctor Trump nominated to run the Centers for Medicare and Medicaid Services,
    disparages traditional Medicare and has called for massive expansion of Medicare Advantage.
    By remarkable coincidence, as of 2022 ➡️Oz owned a reported stake of $550,000 in UnitedHealth,⬅️ Medicare Advantage’s largest participant.

    There are many things the private sector does better than the federal government, -- among them enriching shareholders like Oz.
    But the private sector does not provide health care more efficiently than the public sector.
    That’s been demonstrated over and over, yet nobody wants to believe it.

    A reportpublished Wednesday by The Wall Street Journal
    summarizing a year’s worth of its investigations
    indicates that where Medicare Advantage really excels is in the filing of #fraudulent #claims.

    Congress created Medicare Advantage in 1997
    to demonstrate for good and all, damn it, that the market economy could be more cost-effective at delivering doctor and hospital care.
    The privatization program succeeded in winning over the public:
    54 percent of the Medicare-eligible population chooses Medicare Advantage.
    Medicare Advantage looks to people over 65 like a better deal because it covers things traditional Medicare doesn’t,
    such as visits to the dentist or the eye doctor. Some plans even cover acupuncture.
    ⚠️But if you get seriously ill and need to be referred to a specialist, Medicare Advantage isn’t so great.
    An April 2022 study by the Health and Human Services Department’s inspector general found that
    💥13 percent of the referrals denied under Medicare Advantage would have been approved under traditional Medicare.

    Medicare Advantage also shows that health care privatization is a lousy deal for taxpayers.
    💥Medicare Advantage costs the federal government 7 percent more per enrollee than traditional Medicare, according to an August 2024 study by the fiscally conservative Peter G. Peterson Foundation.
    For enrollees with similar health profiles, Medicare Advantage costs 22 percent more, according to the Medicare Payment Advisory Commission.

    Perhaps that’s because, as the Journal’s investigations found, Medicare Advantage insurers routinely
    pad their government reimbursement requests with #spurious #diagnoses.
    For example, an astounding 66,000 Medicare Advantage patients were diagnosed with diabetic cataracts
    even after these patients had surgery to correct them,
    making that diagnosis, in the Journal’s words, “anatomically impossible.”
    In other instances, patients whom Medicare Advantage insurers reported as HIV positive received none of the recommended treatments.
    If a doctor failed to furnish a desired diagnosis, insurers dispatched a nurse to the patient’s home to find one.
    Medicare Advantage insurers also conned veterans into enrolling in the program even though they were already covered adequately by the Veterans Administration health system, which has repeatedly been demonstrated to be superior to private hospital care (something else the public is reluctant to believe).

    UnitedHealth, the parent company of United Healthcare, whose chief executive, Brian Thompson, was assassinated last month, is, according to the Journal, a particular offender,
    furnishing doctors with checklists of possible diagnoses.
    Looking at Medicare data between 2019 and 2022, the Journal found that patients who moved from traditional Medicare to UnitedHealth’s Medicare Advantage plans
    “got 55 percent sicker, on paper” during their first year in Medicare Advantage.
    (UnitedHealth replied in a written statement that it provided “more accurate diagnoses” and alleged, without providing evidence, that the Journal’s reporting method was flawed)

    newrepublic.com/article/189804

  19. Donald Trump promises he will
    “not cut one penny” of Medicare,
    but like most elected Republicans he’s a strong proponent of #Medicare #privatization.

    During his first administration, Trump issued an executive order that said #Medicare #Advantage,
    the privatized version of Medicare,
    “delivers efficient and value-based care through choice and private competition.”

    #Mehmet #Oz, the TV doctor Trump nominated to run the Centers for Medicare and Medicaid Services,
    disparages traditional Medicare and has called for massive expansion of Medicare Advantage.
    By remarkable coincidence, as of 2022 ➡️Oz owned a reported stake of $550,000 in UnitedHealth,⬅️ Medicare Advantage’s largest participant.

    There are many things the private sector does better than the federal government, -- among them enriching shareholders like Oz.
    But the private sector does not provide health care more efficiently than the public sector.
    That’s been demonstrated over and over, yet nobody wants to believe it.

    A reportpublished Wednesday by The Wall Street Journal
    summarizing a year’s worth of its investigations
    indicates that where Medicare Advantage really excels is in the filing of #fraudulent #claims.

    Congress created Medicare Advantage in 1997
    to demonstrate for good and all, damn it, that the market economy could be more cost-effective at delivering doctor and hospital care.
    The privatization program succeeded in winning over the public:
    54 percent of the Medicare-eligible population chooses Medicare Advantage.
    Medicare Advantage looks to people over 65 like a better deal because it covers things traditional Medicare doesn’t,
    such as visits to the dentist or the eye doctor. Some plans even cover acupuncture.
    ⚠️But if you get seriously ill and need to be referred to a specialist, Medicare Advantage isn’t so great.
    An April 2022 study by the Health and Human Services Department’s inspector general found that
    💥13 percent of the referrals denied under Medicare Advantage would have been approved under traditional Medicare.

    Medicare Advantage also shows that health care privatization is a lousy deal for taxpayers.
    💥Medicare Advantage costs the federal government 7 percent more per enrollee than traditional Medicare, according to an August 2024 study by the fiscally conservative Peter G. Peterson Foundation.
    For enrollees with similar health profiles, Medicare Advantage costs 22 percent more, according to the Medicare Payment Advisory Commission.

    Perhaps that’s because, as the Journal’s investigations found, Medicare Advantage insurers routinely
    pad their government reimbursement requests with #spurious #diagnoses.
    For example, an astounding 66,000 Medicare Advantage patients were diagnosed with diabetic cataracts
    even after these patients had surgery to correct them,
    making that diagnosis, in the Journal’s words, “anatomically impossible.”
    In other instances, patients whom Medicare Advantage insurers reported as HIV positive received none of the recommended treatments.
    If a doctor failed to furnish a desired diagnosis, insurers dispatched a nurse to the patient’s home to find one.
    Medicare Advantage insurers also conned veterans into enrolling in the program even though they were already covered adequately by the Veterans Administration health system, which has repeatedly been demonstrated to be superior to private hospital care (something else the public is reluctant to believe).

    UnitedHealth, the parent company of United Healthcare, whose chief executive, Brian Thompson, was assassinated last month, is, according to the Journal, a particular offender,
    furnishing doctors with checklists of possible diagnoses.
    Looking at Medicare data between 2019 and 2022, the Journal found that patients who moved from traditional Medicare to UnitedHealth’s Medicare Advantage plans
    “got 55 percent sicker, on paper” during their first year in Medicare Advantage.
    (UnitedHealth replied in a written statement that it provided “more accurate diagnoses” and alleged, without providing evidence, that the Journal’s reporting method was flawed)

    newrepublic.com/article/189804