News Headlines Article

Researchers, Commonwealth urge new Medicare option
Modern Healthcare

Researchers from the Johns Hopkins School of Public Health and the Commonwealth Fund are recommending a new Medicare public insurance option they say would combine parts of the decades-old federal health program and could reduce total health spending by $180 billion over 10 years.

Called “Medicare Essential,” the plan from study authors Karen Davis, Cathy Schoen and Stu Guterman appears in the May issue of Health Affairs. It would blend Medicare’s hospital, physician and prescription drug coverage into one integrated benefit with an annual limit on out-of-pocket expenses for covered benefits.