The Short-Cut Cook by Jacques Pepin

The Short-Cut Cook by Jacques Pepin

Medicare is quickly approaching insolvency, in Chapter because the program pays too much for the services it provides. In Bring Market Prices to Medicare, Robert Coulam, Roger Feldman, and Bryan E. Dowd propose a groundbreaking solution: Use market-based arrangements to set prices for Medicare plans. The authors contend that the federal government should pay only the cost of the most economical health plan in each market area. To accomplish this, both traditional fee-for-service (FS) Medicare and private Medicare Advantage (MA) would submit bids for the government's business; the federal contribution to premiums would be set to equal the lowest bid in each market area. This competitive pricing system would penalize plans that bid too high--their beneficiaries would pay higher premiums--providing an incentive for plans to offer their best prices. Meanwhile, low-bidding plans would be rewarded with increased enrollment. Such an approach would reduce Medicare spending by 8 percent, shoring up the program's finances while empowering consumers to make sensible choices about their health care.

SKU	Unavailable
ISBN 13	9780688094485
ISBN 10	0688094481
Title	The Short-Cut Cook
Author	Jacques Pepin
Condition	Unavailable
Binding Type	Hardback
Publisher	William Morrow & Company
Year published	1990-11-01
Number of pages	283
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.