Transcript Reforming The U.S. Health Care System by Dr. John C. Goodman

What Should Be Done
About Medicare?
Part II
John C. Goodman
National Center for Policy Analysis
Ideas Changing the World
Four Steps to Sensible Reform
 Seniors: Trade first-dollar coverage
for catastrophic coverage
Four Steps to Sensible Reform
 Seniors: Trade first-dollar coverage
for catastrophic coverage
 Seniors: Roth Health Savings Account
Four Steps to Sensible Reform
 Seniors: Trade first-dollar coverage
for catastrophic coverage
 Seniors: Roth Health Savings Account
 Doctors: Opportunities to repackage
and re-price
Four Steps to Sensible Reform
 Seniors: Trade first-dollar coverage
for catastrophic coverage
 Seniors: Roth Health Savings Account
 Doctors: Opportunities to repackage
and re-price
 Workers: 4% saving every year
Spending and Costs as a Percent of GDP
$2,500 Deductible
GDP 12
Percent
10
Current
Medicare
Spending
8
6
4
2
Taxpayer
Cost With
Reform
0
2000 2010 2020 2030 2040 2050 2060 2070 2080
Spending and Costs as a Percent of GDP
$5,000 Deductible
GDP
Percent 12
10
Current
Medicare
Spending
8
6
4
2
Taxpayer
Cost With
Reform
0
2000 2010 2020 2030 2040 2050 2060 2070 2080
Big Picture Reform
Required Worker Savings
Social Security
4%
Medicare
4%
Medicaid
2%
Total
10%
Ideas Changing the World