Despite many pessimistic predications about Medicare’s future, changes over the past decade—including those made by the Medicare Modernization Act and the Affordable Care Act—have helped stabilize the program’s financial outlook even as benefits have been expanded. In the third brief of our Medicare at 50 Years series, Sherry Glied and Abigail Zaylor suggest that policymakers focus on addressing Medicare’s immediate needs, by maintaining the program’s fiscal solvency and improving its ability to meet the needs of beneficiaries.
The Problem with Basing Medicare Policy on Long-Term Financial Forecasting
