Health plans welcome reforms to strengthen Medicare Advantage.

However, a proposal for flat program funding at a time of sharply rising medical costs

and high utilization of care will directly impact seniors' coverage.

If finalized, this proposal could result in benefit reductions and higher costs for 35 million

seniors and people with disabilities when they renew their Medicare Advantage

coverage in October 26. Learn more at AHIP.org.

Today on the Playbook podcast, world leaders and a number of Democrats with their eyes on 2028 are descending

on the Munich Security Conference. We've got a vibe check for the conference one year after

Vice President J.D. Vance scorched European leaders on the stage last year. And what you should

expect to come out of Munich will break it all down. Hello, I'm Adam Wren. And I'm Zoya Shafdanovich. It's Friday, February 13th.

Zoya, it's great to have you on today. Thank you so much for having me. For our listeners who aren't

familiar, you are Politico's chief EU correspondent and host of our counterpart, the Brussels Playbook

podcast. Tell us a little bit about yourself.

Sure, Adam. I am one of the reporters here in Brussels. We've got a pretty big newsroom.

I'm actually a relatively new person in the newsroom in Brussels, but I've been around Politico for a long time.

I've been with the company for 11 years, variously in Brussels and in Sydney, where I've

been for quite some time editing the Brussels playbook overnight. So that's my pedigree.

That's excellent. Well, we're so excited to have you on ahead of today's big Munich security

conference that's kicking off in Munich. And tell us about why this national security event,

which brings in so many European and U.S. diplomats and leaders, why is it so important on the

world stage? Give us a little thumbnail. It's become kind of the defense version of the World Economic

Forum. So it's where defense ministers, defense types go. It's where

...