Eighteen research papers, 35 online memos, 12 essays and 60
Medicare Maladies.
That's how much Heritage Foundation experts have written so far
this year on proposals pending before Congress that would add
prescription drugs as a Medicare entitlement.
It's also a lot stuff to remember. So here's a review of where
we stand on the issue:
Heritage thinks that, on the whole, both the House and the
Senate proposals are lousy. By adding prescription drugs as a
Medicare entitlement, without serious reform, these bills would 1)
create the biggest expansion of government since the 1960s 2) cost
so much that it would increase the deficit and kill future tax
relief 3) burden the children and grandchildren of today's baby
boomers with high taxes and 4) would result in about 4 million
seniors who have good, employer-based drug coverage to lose it and
enroll in an inferior government program.
It's best to scrap both bills and start again. But when
lawmakers do that, they should keep a key provision of the House
bill that calls for a FEHBP-style program for the baby boomers.
What's FEHBP? It's the Federal Employee Health Benefits Program.
It's been around since 1960 and is available to all federal
employees, retirees and their spouses. Even members of Congress use
it. It offers patient choice and a variety of health plans, all of
which have prescription drugs. It's available everywhere in the
country, so there's no worrying about rural people having access to
it.
And it's the best model for real Medicare reform.
For more information or to receive an e-mail version of
"Medicare Maladies," contact medicaremaladies@heritage.org
or call Heritage Media Services at (202) 675-1761.