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Taxpayer Group Offers Blueprint for Beating Medicare's Bankruptcy
Date:4/24/2008

ccountability. Congress should reject attempts to repeal the

statutory "trigger" that requires the Trustees of Medicare to

issue a warning if overall program funding from general revenues exceeds

a 45 percent share in two consecutive annual reports.

-- Think Outside the Existing Structure. NTU's research affiliate has

determined that a comprehensive but still modest means-test for cash and

in-kind benefits could yield over $75 billion in annual savings. This

kind of spending restraint, combined with health care choice measures

that would allow consumers to purchase health insurance across state

lines, could make Medicare's future costs manageable.

Although NTU opposed the House CHAMP Act in its final form, Sepp contends certain provisions of this bill, combined with others, could be salvaged to provide a Medicare package that helps rather than hurts taxpayers - all while strengthening the crucial relationship between consumers and providers of health care. "Medicare's Trustees continue to warn that enacting solid changes sooner will avoid harsh decisions later," he concluded. "To taxpayers, the word 'sooner' means now."

NTU is a nonprofit, nonpartisan citizen group founded in 1969 to work for lower taxes, smaller government, and economic freedom at all levels. Note: NTU's Medicare policy blueprint, along with other work on entitlement reform, is available at http://www.ntu.org.


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SOURCE National Taxpayers Union
Copyright©2008 PR Newswire.
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