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At this event, Paul Spitalnic, Medicare’s acting chief actuary, will explain the results of this year’s Medicare trustees report. A panel of experts will then discuss how developments in the health sector will affect Medicare’s long-term future.
Joseph Antos' testimony before the House Committee on Ways and Means' Subcommittee on Health on "The President’s and Other Bipartisan Proposals to Reform Medicare."
Today, the American Enterprise Institute releases three major research papers on the future of Medicare. This project, developed with the support of the Robert Wood Johnson foundation, lays out a clear plan for comprehensive Medicare reform.
Competitive bidding, as a vehicle for determining prices for Medicare health plans, holds the promise of substantial cost savings while protecting the health care needs of beneficiaries, regardless of the political question of determining the size of the entitlement.
Given Medicare’s influence over all health costs, fixing the program should top the list of reform priorities. Real improvement will almost certainly require a more fundamental change than has been enacted to date: a market-based reform that corrects the flawed incentives that drive unnecessary spending in the current program.
Traditional Medicare’s uncapped subsidy and reliance on fee-for-service payment promotes more spending on health services, not better spending. However, market competition can reduce unnecessary spending and still allow beneficiaries to select more expensive plans if they choose.
As the controversy over climate policy has grown, it has been said that greenhouse gas (GHG) control is too hard but solar radiation management (SRM) is too easy. Join AEI for a discussion of the potential economic benefits, as well as the risks of SRM with Lee Lane, J. Eric Bickel and Nobel Laureate Thomas Schelling. A reception will follow.
At this event, panelists will address pension reform challenges by presenting the results of three research papers commissioned by AEI through a generous grant from the Smith Richardson Foundation.
Mark Warshawsky, a well-known expert in retirement finance and a newly appointed commissioner, will explain the implications of a publicly funded long-term care insurance program. Then a panel will debate whether another government program the best way to ensure that families can afford to provide the necessary services for their aging loved ones.