Skip to main content

Savings to Be Found in Medicare with Market-Based Reforms

Hudson Institute

WASHINGTON — Former Secretary of the Department of Health and Human Services (HHS) Michael Leavitt spoke to a Hudson Institute audience last week on lessons for the future of health care. In an op-ed published today in The Hill, Leavitt and Hudson Senior Fellow and Former Deputy Secretary of HHS Tevi Troy argue that the market-based principles of the landmark Medicare Part D prescription drug program can be used for larger-scale health care reform. 

“The Medicare prescription drug plan works because it is market-based, allowing seniors to choose from a selection of private sector insurance plans,” they write. “As the deficit super committee struggles to meet the budget targets, politicians on both the left and the right should look to the Part D model as a valuable example of a bipartisan, effective and economically-promising health care reform.”

Click here to read the full text of their piece.

Click here and here to view video highlights of last week’s panel discussion.

 

Related Articles

The Trump Economy

Irwin M. Stelzer

Irwin Stelzer examines the feasibility of the president-elect's economic policies....

Watch Now

As Xi Ousts Finance Minister, China Still Trapped

Walter Russell Mead

China’s reformist finance minister, Lou Jiwei, has been dismissed from his post amid a surprise reshuffle in Beijing. ...

Continue Reading

Privatized Pensions No Cure-All

Walter Russell Mead

Protesters hit the streets in Chile again last week, urging their government to scrap the pay-as-you-go program....

Continue Reading