Lawmakers aim at VA loophole letting insurers charge Medicare billions, WSJ says

A bipartisan group of lawmakers introduced legislation Monday in the House that would allow the Department of Veterans Affairs to charge private health insurers in the Medicare Advantage system for medical care that it provides for the insurers’ members as they aim to close a loophole that allows large healthcare insurers to charge Medicare billions of dollars to cover veterans, reported The Wall Street Journal’s Mark Maremont. A similar measure is expected to be introduced later Monday in the Senate, the report noted. Publicly traded companies in the health insurance space include CVS Health (CVS), Centene (CNC), Cigna (CI), Elevance Health (ELV), Humana (HUM), Molina Healthcare (MOH) and UnitedHealth (UNH).