After the government announced new regulations for Medicare Advantage, the market-based alternative to traditional Medicare, the stocks of health care companies that participate in the program plummeted. But why is this popular program in the crosshairs? And are these new Trump administration rules actually good?

Today on the show, Olivia Kosloff, senior fellow at the American Economic Liberties Project and creator of the newsletter Acute Condition, joins Matt Stoller and David Dayen to discuss Medicare Advantage and how a program that was intended to be cheaper for the government than traditional Medicare has become far more expensive. In addition to problems that have plagued the program since its inception, AI is now being used as a new tool for insurers to extract money from the government. They also discuss how insurers are reacting to the new rules, the future of the program, and whether we need Medicare Advantage at all.

Listen via Apple, Spotify, or wherever you get your podcasts.

David Dayen is the executive editor of The American Prospect. He is the author of Monopolized: Life in the Age of Corporate Power and Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud. He co-hosts the podcast Organized Money with Matt Stoller. He can be reached on Signal at ddayen.90.

Matt Stoller is research director at the American Economic Liberties Project and the author of Goliath: The 100-Year War Between Monopoly Power and Democracy.