Prescription for Disaster

Burr-Coburn: The Best Medicare Reform Plan to Date

Chris Jaarda - Wednesday, February 22, 2012
Avik Roy of Forbes Apothecary has commented on the Burr-Coburn Medicare reform plan calling it the best reform plan introduced to date.  According to his column, their plan achieves each of six important principles for reform: "(1) preserving benefits for people aged 55 and older; (2) making sure that retirees share more of the costs of their care, and thereby a stake in prudent consumption; (3) means-testing; (4) indexing the Medicare retirement age to life expectancy; (5) aggressive fraud prevention; (6) allowing seniors to shop for value in insurance plans."

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