
Breaking Down Plans to Privatize Medicare
You may be reading news reports about how some members of Congress want to privatize Medicare. By no means is this new news, but this week’s election results brought about renewed interest in these plans. In years past, proposals to privatize Medicare—commonly known as premium support—relied on vouchers that people with Medicare would receive from the federal government to purchase private health plans. Past proposals had important differences: some introduce vouchers for future beneficiaries, some preserve Traditional Medicare as an option, some include defined benefits and consumer protections, etc.






