Fixing the New Medicare Law #3: How to Build on the Drug Discount Card heritage.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heritage.org Daily Mail and Mail on Sunday newspapers.
Senator John Kerry's health care plan would expand coverage butwould fall short in transforming health insurance markets andmaking patients the key decision makers in the system. In effect,it would reinforce the status quo, with (according to one estimate)nine of every 10 dollars spent going to employers, insurancecompanies, and state governments, not to individuals.
Whatever merits one may ascribe to the recently enacted Medicarelaw, it has aggravated, not controlled, rapidly rising Medicarecosts. Its major feature is a massive entitlement expansion, but italso embodies some bad health care policy: There is no need for thefederal government to displace existing drug coverage, pre-empt newprivate-sector options, or accelerate the loss of employer-baseddrug coverage.