How serious are Medicare's problems, and how substantial a change do we need to fix it?
PERSPECTIVE
Put individuals in charge of their own health care
QUESTION
How serious are Medicare's problems, and how substantial a change do we need to fix it?
ANSWER
The current Medicare system, which amounts to a charge card for which
individuals don't receive the bill, is fundamentally flawed. What's
needed is radical change: replacing Medicare with a system in which
individuals have personal medical savings accounts to pay for their own
health care in retirement.









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