Les Jones

Fix Medicare first

Thursday, June 4th, 2009 | Social Security |

Virginia Postrel:

Think about this for a moment. Medicare is a huge, single-payer, government-run program. It ought to provide the perfect environment for experimentation. If more-efficient government management can slash health-care costs by addressing all these problems, why not start with Medicare? Let’s see what “better management” looks like applied to Medicare before we roll it out to the rest of the country.

Yep. With the boomers retiring Medicare is heading for insolvency on a historical scale. In another decade fixing Medicare is going to be the challenge that consumes the national interest over and above everything else, to the extent that if government-run health doesn’t happen by then the Medicare crisis will lead people to question the wisdom of letting politicians run the healthcare system.

Previously - Social Security and Medicare: outlook worsens by the day

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