Medicare's Dim Horizon

The Center for Public Integrity is publishing a series of articles this week on wasteful spending in the Medicare program. Politicians talk a big game about saving Medicare by eliminating wasteful spending, but they never follow through. That's because, as the Center explains, much of the waste in Medicare results from the overuse of medical services and the prescription of unnecessary treatments -- the essential byproducts, in other words, of a third-party, fee-for-service insurance system. Fixing the system is going to require a thorough rethinking of how best to provide this benefit to seniors and people with disabilities -- and
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