Medicare extra: a comprehensive benefit option for Medicare beneficiaries.

Karen Davis, Marilyn Moon, Barbara Cooper, Cathy Schoen

Research output: Contribution to journalArticle

Abstract

The proposed Part E, Medicare Extra, outlined in this paper adds a comprehensive benefit option to Medicare, eliminating the need for beneficiaries to purchase a private drug plan and Medigap supplemental coverage. Financed by a budget-neutral beneficiary premium, it has the advantages of greater simplicity, efficiency, and value without adding to federal costs. Beneficiaries now enrolled in Medigap plans would save money, as could employers by choosing a lower-cost alternative to current retiree health plans. Eliminating some of the excess payments to Medicare Advantage plans would yield savings that could be used to help finance premium subsidies for low-income beneficiaries.

Original languageEnglish (US)
Pages (from-to)W5-442-54
JournalHealth affairs (Project Hope)
VolumeSuppl Web Exclusives
StatePublished - Jan 1 2005
Externally publishedYes

ASJC Scopus subject areas

  • Health Policy

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  • Cite this

    Davis, K., Moon, M., Cooper, B., & Schoen, C. (2005). Medicare extra: a comprehensive benefit option for Medicare beneficiaries. Health affairs (Project Hope), Suppl Web Exclusives, W5-442-54.