Policy Documents

Medicare Reform and Prescription Drugs: Ten Principles

John C. Goodman, Robert Goldberg, and Greg Scandlen –
October 1, 2002

In an election-year rush to satisfy impatient voters, politicians of both parties are endorsing ill-considered schemes to add a prescription drug benefit to Medicare.  While the problems with the program are bad, most of the proposed solutions are worse.  Medicare deserves thoughtful reform--reform that can greatly reduce seniors' exposure to catastrophic prescription drug costs, improve overall health care quality and control taxpayer costs.  What follows are 10 principles to guide that reform.