How to Avert the Medicare Crisis


 

Publication Date: October 1984

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Peter J. Ferrara

Research Area: Health

Keywords: Social security

Type: Report

Abstract:

The proposed Health Bank IRA system gives Congress a plan to enact now, which will solve Medicare's enormous structural problems without benefit cuts for the elderly or tax increases for workers. Instead, the proposed reform would replace Medicare with a new private sector system which would serve both the elderly and workers far better than Medicare.