Modernizing Medicare: Harnessing the Power of Consumer Choice and Market Competition

Medicare reform is needed to provide affordable, accountable, and high-quality medical care for seniors. Top policy experts offer solutions based on personal freedom of choice, transparency of price and performance, and market competition among health plans and providers. They also address Medicare's reform needs and analyze the promising performance of the Medicare Advantage program.

Format: Hardback
Length: 232 pages
Publication date: 04 April 2023
Publisher: Johns Hopkins University Press

In modernizing Medicare, editors Robert Emmet Moffit and Marie Fishpaw have assembled a remarkable team of leading scholars and policy practitioners to envision a comprehensive vision for Medicare reform and offer practical solutions for the millions of seniors whose healthcare relies on this rapidly growing federal entitlement. Contributors to this insightful book include a former Medicare trustee, a former Medicare administrator, and a former director of the Congressional Budget Office.

The authors delve into the critical issues facing Medicare, highlighting its biggest challenges. They propose solutions based on principles of personal freedom of choice, transparency of price and performance, and market competition among health plans and providers. These solutions aim to secure patients more affordable, accountable, and higher-quality medical care. Additionally, the authors address the reform needs of Medicare and analyze the promising performance of the Medicare Advantage program.

The authors outline Medicare's significant financial problems and present the best solutions for Medicare patients and taxpayers alike. While Medicare's accelerating spending is leading to higher deficits and debt, traditional cost-control strategies, such as payment reductions and price controls, risk compromising patients' access to high-quality care.

This book is a valuable resource for policymakers, healthcare professionals, and individuals interested in understanding and improving the healthcare system. It provides a comprehensive analysis of Medicare's challenges and offers innovative solutions that can ensure the sustainability and effectiveness of this vital program for generations to come.

Weight: 524g
Dimension: 160 x 239 x 22 (mm)
ISBN-13: 9781421446028