A Medicare Anniversary Event: What Will Medicare's Future Hold For Seniors And Taxpayers?
Recorded on July 29, 2003
from this event
The Heritage Foundation's Lehrman Auditorium
July 30th is Medicare's anniversary. When enacted in 1965,
Medicare was designed to secure health care coverage for the
elderly and the poor. Within only a few years, coverage was
expanded to additional high-risk groups including disabled persons.
Today, it is the second largest federal entitlement program, and,
by all accounts, one of the most powerful engines of government
regulation in existence. That is one of the reasons why Congress is
locked in an intense and bitter debate over major legislation that
will determine the future of the Medicare program. Will the House
and Senate Medicare bills prepare the way for a trouble free
retirement for the 77 million Baby Boomers set to retire in just
eight years? How will current and proposed Medicare changes affect
federal spending, taxation and the budget? How will Medicare be
governed? What will be the relationship between doctors and
patients in the future Medicare program? Will tomorrow's Medicare
patients have access to the best doctors, the most advanced
technologies, and the highest quality of care?