Medicare Policy for Future Generations — A Search for a Permanent Solution

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Abstract
The combination of escalating health costs per retiree and the pending retirement of the baby-boom generation makes the preservation of Medicare benefits for our children as well as our parents problematic at best and impossible under current policy. A delay in taking action will guarantee a wholesale loss of retirement health care. The good news is that with decisive action now, the cost of preserving retirement health benefits can be contained and benefits can be guaranteed permanently.Medicare is projected to be a $1.1 trillion drain on the U.S. Treasury over the next decade even though the number of beneficiaries . . .

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