Douglas Holtz-Eakin 1/25/2024

It is no secret that the current Medicare program is financially unsustainable, with the most visible indication being the exhaustion of the Hospital Insurance trust fund inside of 10 years. Accordingly, policymakers have important choices to make regarding the structure of the program in the future.

the Medicare Market Choice proposal analyzed in this new paper does not simulate a voucher available for all health reform options. In that way, it is not a traditional “premium support” reform. Instead, the proposal retains the option of choosing Medicare FFS, the default Medicare option. Yet FFS is priced as a separate Medicare choice with a market-based premium based on current FFS spending. Beneficiaries choose between this market-priced Medicare FFS option and Medicare Advantage.

Read more: https://www.americanactionforum.org/daily-dish/a-novel-medicare-reform-proposal/#ixzz8QPZsgd1A
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