Thursday, December 6, 2012

Reforms To Medicare Have Many Unintended Consequences

Ruth Marcus describes some of the proposed changes to Medicare.  They are intended to reduce the cost of Medicare but they shift the cost to other government programs and to individuals who can least afford them.  Some of them even reduce tax revenue.  Reforming a complex program like Medicare is like pealing an onion.  One change leads to a complex of other changes.

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