Overcoming Our Misplaced Nostalgia For Traditional Medicare

Medicare News

Overcoming Our Misplaced Nostalgia For Traditional Medicare
Medicare AdvantageHealth ReformTrump
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Over the course of my career, I have worked in clinical medicine, academia, government, big pharma, and the health insurance industry. My passion is in accelerating the pace of change in health care and building a sustainable health care system that addresses the needs of patients. I am President and CEO of SCAN Group and Health Plan, a $3.

For decades, the Medicare program was the gold standard of health coverage. Then, something unexpected happened: it started to show its age. The program—signed into law in 1965 during Lyndon Johnson’s presidency—has failed to keep up with the changing needs of our society. And so, when we turn our eyes towards the traditional Medicare program these days, we see its flaws.having spent a lifetime paying into the system through paycheck deductions.

Biden Vs Trump 2024 Election Polls Most Voters Say Trump s Conviction Isn t A Factor Latest Survey Shows More ambitious but even more valuable would be to extend enrollment cycles. The program’s annual enrollment cycles prevent plans from making necessary investments in prevention. If plans had a 3-5 year horizon over which to impact health outcomes, they would have added incentives to make upfront investments to lower costs and improve care.The next presidential administration—Republican or Democrat—must take a hard look at the Medicare program in its totality and consider a major reboot.

Creating robust, long-term incentives for doctors and hospitals to keep patients healthy and independent by eliminating annual enrollment in both Medicare health plansEstablishing a more nimble, non-political process by which the needs of older adults are assessed and incorporated into the set of basic benefits delivered to them in government-based health plans;

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