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The Republicans’ proposals for Medicare are quite different than the Democrats’ in that they begin with fundamental structural changes that will convert Medicare from a defined benefit to a defined contribution plan. The Democrat’s plan, see my last post, approaches the fix mainly with price controls.
Politicians realize that Medicare will not be able to continue on its current track. Something has to change since the country will simply not be able to afford the inexorable growth…
ContinueAdded by Stephen C Schimpff on August 15, 2013 at 8:55am — No Comments
Added by Stephen C Schimpff on December 7, 2009 at 9:44am — 2 Comments
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