Comment on "Medicare benefits: a reassessment".
Americans have repeatedly demonstrated their preference for health insurance against out-of-pocket payments for large medical bills. The proposed reliance on "competitive markets" is not likely to meet with public or congressional favor, and risks substantial new costs while promising little fiscal relief. A more modest proposal is offered.
D000368:Aged; D002388:Catastrophic Illness / Q000191:economics; D003365:Costs and Cost Analysis; D003669:Deductibles and Coinsurance; D003953:Diagnosis-Related Groups; D006801:Humans; D007342:Insurance Benefits / Q000191:economics*; D006278:Medicare / Q000191:economics*; D012051:Reimbursement Mechanisms; D014481:United States