Renaming Medicare Advantage and Penalties for Misusing Medicare Name.
This act renames the Medicare Advantage program to "Alternative Private Health Plan" to prevent confusion. Companies using "Medicare" in the title of private health plans after the act's enactment will face a $100,000 civil money penalty for each instance. The goal is to ensure clear distinction between government Medicare and private alternatives.
Key points
Medicare Advantage program will be renamed to "Alternative Private Health Plan" to avoid confusion.
Companies advertising private health plans cannot use "Medicare" in their plan titles, facing a $100,000 penalty.
The change aims to help citizens clearly differentiate between government Medicare and private health options.
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