Health

MSAs for Everyone, Part II

Medical Savings Accounts (MSAs) are usually associated with large deductibles. For example, under a federal pilot program, in order for employers and their employees to make tax-free deposits to MSA a…

MSAs for Everyone, Part I

Medical Savings Accounts (MSAs) give patients direct ownership of and control over a portion of their health care dollars. They have two main advantages. First, when people spend their own health care…

Prescription Drugs and Medicare Reform

President Clinton and some on Capitol Hill are proposing a costly prescription drug benefit for the elderly that could create huge new burdens for taxpayers. Fortunately, there is a way to solve the p…

SPICE: Not the Right Prescription

About 65 percent of the people on Medicare also have some kind of prescription drug coverage. Some obtain it from a former employer. Some buy private supplemental (Medigap) insurance. Others are cover…

Prescription Drugs for Seniors: The Roth IRA Solution

Almost everyone agrees that the elderly need insurance coverage for prescription drugs. However, a growing number of health policy analysts believe that solving the problem of prescription drugs requi…

On Reforming Medicare

This Backgrounder discusses the proposal for Medicare reform that was developed by a bipartisan and bicameral group of members on the Medicare Commission.

Defined Contributions as an Option in Medicare

We have analyzed a distinct new health care delivery and financing system for the Medicare aged population (excluding institutional and Medicaid individuals). The new alternative, referred to as the M…

Patient Dissatisfaction

If the United States were to adopt the Canadian single--payer system of financing health care as some advocate, the change would not solve many of the problems attributed to the present system. Rather…