Discuss some of the pros and cons of the beneficiaries

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Reference no: EM133300824

Question: Discuss some of the advantages and disadvantages of each approach from the point of the beneficiaries and taxpayers.

a) Replace the existing Medicare program with a voucher program in which Medicare gives each beneficiary a subsidy to buy private health insurance.

b) Keep the existing Medicare program but cut prices to providers and raise copays, deductibles, and premiums to beneficiaries.

Reference no: EM133300824

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