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Medicare Choice Plus, the Answer to the Long-Term Deficit Problem

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Publication Date: March 2004

Publisher(s): Center for Economic and Policy Research

Author(s): Dean Baker

Topic: Health (Health care financing)

Keywords: Vouchers; Life expectancy; Elderly

Type: Report

Coverage: United States

Abstract:

This paper notes that projections of soaring budget defincits are driven primarily by rising health care costs, not demographics. It proposes a solution that would enable Medicare beneficiaries to buy into the health care systems of countries with higher life expentancies and lower medical costs than the U.S.