Medicare: usual and customary remedies will no longer work
Abstract: A description of the structural deficiencies that have led to Medicare's impending bankruptcy, and a discussion of the merits of alternative approaches to extending the program's long-term viability. The author argues that the best approach is to adopt a \\"defined contribution\\" plan that will restore consumers' interest in economizing on health care services and boost competition among providers and insurers.
File format is application/pdf
Description: Full text
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 1997
Order Number: 1