Prefunding Medicare without individual accounts.
It has recently been proposed that Medicare be prefunded through the creation of individual medical retirement accounts. There is a strong case for prefunding Medicare in anticipation of the retirement of the numerous baby boomers. But the creation of individual accounts would involve a new departure for Medicare with serious potential shortcomings. This paper shows how Medicare can be prefunded without the creation of individual accounts--through a Medicare trust fund reform.
Seidman
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D000368:Aged; D005380:Financing, Government / Q000458:organization & administration*; D005544:Forecasting; D018166:Health Care Reform / Q000458:organization & administration*; D006801:Humans; D020402:Medical Savings Accounts / Q000458:organization & administration*; D006278:Medicare / Q000191:economics* / Q000639:trends; D011057:Politics; D012179:Retirement / Q000191:economics* / Q000639:trends; D014481:United States