Stop Wall Street takeover of Medicare!

November 17, 2021

A scheme first proposed by the Trump Administration and now sanctioned by the Biden Administration could hand Medicare straight to Wall Street investors.

Sign the petition to demand that the Centers for Medicare and Medicaid Services (CMS) immediately stop this program:

Sign the petition

Under the little-known Global and Professional Direct Contracting (GPDC) model, CMS could move more than 30 million traditional Medicare beneficiaries into mostly commercial, for-profit plans called Direct Contracting Entities (DCE) *without the enrollees’ understanding or consent*.

DCEs will fully privatize Medicare, replacing Medicare as we know it with for-profit entities controlled by Wall Street venture capitalists. Demand that CMS immediately put an end to this privatization scheme, and restore and protect the rights of individuals who have deliberately chosen traditional Medicare by signing the petition at the link above.

Learn more about DCEs and the threat they pose to Medicare by reading this fact sheet from Physicians for a National Health Program.