Sign the Letter to Stop the Wall Street Takeover of Medicare

Help stop the privatization of Medicare.

Please ask your union or other organization to sign the letter to end the direct contracting entities (DCEs) that are enrolling seniors without their consent and threatening the future of Medicare.

Over 50 members of congress sent a letter to HHS Secretary Xavier Becerra protesting the danger to Medicare posed by this DCE program. They state:

“DCEs pose a threat to patient care and outcomes due to the encroachment of profit-driven organizations on their care. In fact, a majority of the 53 current DCEs are investor owned and controlled. Owners of DCEs include private equity firms and large private health insurance companies.”

They further state that:

“DCEs are projected to spend as low as 60 percent of the taxpayer dollars they receive on care, allowing them to keep up to 40 percent as profit, further funneling taxpayer dollars into profits, not patient care.”

The for-profit industry is asking Becerra to “fix” rather than end DCEs. Physicians for a National Health Program remains firm in its effort to stop this harmful program.

Our movement is having an impact and a response is expected soon. Adding your union or organization’s strength to this fight will make a real difference.

Here is the form to sign on: https://docs.google.com/forms/d/e/1FAIpQLSenvMNDo67KsKaOuzqThMamyzZPffzZkNPni7CH1I_KkneVDQ/viewform?pli=1&pli=1

Here is the text of the letter: https://docs.google.com/document/d/1JxkQ1q4MBYJhliBTZjJ9Oz4rbCN1fdsMYyhxqmQYlAg/edit

2022-02-23