Medicare Advantage Overpayments Raise Costs for All Seniors, Congressional Committee Finds

Medicare Part B premiums are higher than they should be because the government overpays private insurance companies that run Medicare Advantage plans, according to a March report from the Congress’ Joint Economic Committee.

In an estimate released on March 10, the committee said Medicare Advantage overpayments increased Part B premiums by $212 per enrollee in 2025, totaling $13.4 billion in additional spending.