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Article: Pros, Cons of Medicare Proposals.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- October 19, 1998
- Author:
CopyrightCOPYRIGHT 1998 Knight-Ridder/Tribune Business News. 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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Knight Ridder/Tribune Business News
Oct. 18--Proposals to reform Medicare run the gamut from replacing the entire program with private insurance to making minor modifications to the current system.
These are some of the different reforms now being discussed to prevent Medicare from going broke, and some of their possible advantages and drawbacks, according to people studying Medicare reform.
PRIVATIZE MEDICARE: There are many variations of this idea. One is to transform Medicare into a system of vouchers or cash payments people can use to buy private insurance.
-- Pros: Privatizing Medicare could make it more efficient and ...