Why Medicare Must Be Reformed

Donald Schneider /

Medicare at Risk: Visualizing the Need for Reform from The Heritage Foundation

Medicare is shaping up to be a deciding factor in the debate over our nation’s future.

As Heritage’s Bob Moffit and Alyene Senger explain in a recent paper, “Why Traditional Medicare Must (and Will) Be Reformed,” the status quo in Medicare is unsustainable and unacceptable due to the program’s structural and financing flaws.

Here are a few reasons Medicare needs to be reformed:

Without reform, Medicare’s future is bleak. Washington’s current policy is to perpetuate the status quo and hope that an outdated combination of price controls—or the latest Medicare payment rate tweaks imposed under Obamacare—will control costs and deliver better benefits at a lower cost.

Don’t bet on it. Only reforms that inject real competition into the program and empower seniors to control their own health care decisions can save the program for the next generation.

Donald Schneider is currently a member of the Young Leaders Program at The Heritage Foundation. For more information on interning at Heritage, please visit: http://www.heritage.org/about/departments/ylp.cfm.