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Article: How can Medicare be improved to help lower health care costs?(SUNDAY READ)(SOLUTIONS: TWO VIEWS)(Column)
- Article from:
- The Washington Times (Washington, DC)
- Article date:
- April 19, 2009
CopyrightCOPYRIGHT 2009 The Washington Times LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Len M. Nichols, SPECIAL TO THE WASHINGTON TIMES
Our nation must re-establish fiscal balance as soon as macroeconomically permissible. At this moment, there is no question that we must take substantive steps to stimulate our economy and address the crises in our housing and financial markets.
In fact, I have never seen such consensus in a profession as argumentative as economics. But America's economic and social futures are also threatened by several long-term challenges. First among these is the ever-rising cost of health care.
Health care costs are the largest threat to our nation's fiscal future because Medicare, which accounts for 20 ...