Probably no other federal program aside from Social Security has as much impact on older Americans and their families as Medicare, now front and center in the intensifying argument over the federal budget and deficit reduction.
Galloping Medicare costs have worried health care analysts and economists, as well as officeholders in both major political parties, but the remedies now on the table vary substantially.
Representative Paul D. Ryan, Republican of Wisconsin, who is chairman of the House Budget Committee, has proposed a profound shift in this 46-year-old program. For those now younger than 55, Medicare would provide vouchers enabling participants to buy private health insurance on their own instead of directly reimbursing doctors and hospitals. ”We have a moral obligation to the country to do this,” Mr. Ryan said of the strategies incorporated in the Republican plan.