CIAO DATE: 07/2008
May 2008
American Enterprise Institute for Public Policy Research
In this article, Joseph Antos and Mark V. Pauly warn about the impending financial crisis in Medicare and suggest a market-based solution to the problem--phasing in a sustainable credit system for Medicare recipients that allows them to choose their own health care plans. This arrangement would not only cut down on spending, but would also allow consumers to select from a variety of products and provide them far greater choice than they currently have.
Resource link: Saving Medicare [PDF] - 56K