Medicare Choice Plus, the Answer to the Long-Term Deficit Problem
Publication Date: March 2004
Publisher(s): Center for Economic and Policy Research
Author(s): Dean Baker
Keywords: Vouchers; Life expectancy; Elderly
Coverage: United States
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.