“[A] significant cost-control mechanism already at work within Medicare could be expanded with small changes to better benefit both patients and the federal budget. The mechanism is Medicare Advantage, which pays private insurers a flat fee or premium to manage the health care of beneficiaries, instead of a check every time a patient received care from a different provider, as happens with traditional Medicare.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Perhaps this would be a less radical, more widely acceptable way to “privatize” Medicare.
Opinion: We can change Medicare without hurting Americans – the answer lies in this plan