Four Options for Saving Medicare
April 15, 2016
Medicare is a Ponzy scheme with each generation getting more back than it put in. How can the continuous rise in the taxes needed to pay for Medicare be remedied? NCPA senior fellows Andrew Rettenmaier and Thomas Saving have outlined four options: 1) Raising premiums through a means-tested program; 2) Higher cost-sharing; 3) Implement reference prices and allow balance billing; and 4) Provide premium support to purchase private plans.
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