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Ideas Changing the World What Should Be Done About Medicare? Part II John C. Goodman National Center for Policy Analysis.

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Presentation on theme: "Ideas Changing the World What Should Be Done About Medicare? Part II John C. Goodman National Center for Policy Analysis."— Presentation transcript:

1 Ideas Changing the World What Should Be Done About Medicare? Part II John C. Goodman National Center for Policy Analysis

2 Four Steps to Sensible Reform  Seniors: Trade first-dollar coverage for catastrophic coverage

3 Four Steps to Sensible Reform  Seniors: Trade first-dollar coverage for catastrophic coverage  Seniors: Roth Health Savings Account

4 Four Steps to Sensible Reform  Seniors: Trade first-dollar coverage for catastrophic coverage  Seniors: Roth Health Savings Account  Doctors: Opportunities to repackage and re-price

5 Four Steps to Sensible Reform  Seniors: Trade first-dollar coverage for catastrophic coverage  Seniors: Roth Health Savings Account  Doctors: Opportunities to repackage and re-price  Workers: 4% saving every year

6 GDP Percent Current Medicare Spending Taxpayer Cost With Reform Spending and Costs as a Percent of GDP $2,500 Deductible

7 Spending and Costs as a Percent of GDP $5,000 Deductible GDP Percent Current Medicare Spending Taxpayer Cost With Reform

8 Big Picture Reform Required Worker Savings Social Security4% Medicare4% Medicaid2% Total 10%

9 Ideas Changing the World


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