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Make Medicare Budget Options Compatible with Comprehensive Reform

In response to the trigger in Medicare law, Congress should movethe program toward a new system based on free market principles. ....

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The Economic and Fiscal Effects of Financing Medicare's Unfunded Liabilities

Simply raising taxes to finance promised Medicare benefits wouldlikely prove counterproductive because the economic costs would beprohibitive, even if policymakers use new tax revenues to pay downdeficits and debt. Raising payroll and personal income taxes tofinance Medicare over just the next 10 years could reduce totalemployment by an average of nearly 816,000 jobs and depress realGDP by an average of almost $87 billion per year. ....

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Time for a Sensible Medicare Drug Benefit

The Prescription Drug Security Card could provide meaningful helpfor low-income seniors who do not have access to drug coverage.These seniors should be the priority for Washington policymakers,who can and should provide this help while creating a frameworkfor expanding drug coverage in tandem with overall Medicare reform. ....

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Details Matter: A Closer Look at Senator Kerry's Health Care Plan

Senator John Kerry's health care plan would expand coverage butwould fall short in transforming health insurance markets andmaking patients the key decision makers in the system. In effect,it would reinforce the status quo, with (according to one estimate)nine of every 10 dollars spent going to employers, insurancecompanies, and state governments, not to individuals. ....

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Fixing the New Medicare Law #1: An Agenda for Constructive Change

Whatever merits one may ascribe to the recently enacted Medicarelaw, it has aggravated, not controlled, rapidly rising Medicarecosts. Its major feature is a massive entitlement expansion, but italso embodies some bad health care policy: There is no need for thefederal government to displace existing drug coverage, pre-empt newprivate-sector options, or accelerate the loss of employer-baseddrug coverage. ....

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