Medicare and the other major Federal health programs are crucial pillars of the American health care system, providing health care to millions of Americans. Fiscal and demographic challenges threaten the financial sustainability of Medicare, requiring a broad effort to modernize the program. Innovative strategies, including value-based care and alternative payment models, have shown promise in reducing health care costs and improving the quality of care for patients.
To realize the full benefits of these strategies will require investments in workforce and data infrastructure, along with sustained stakeholder engagement and regular evaluations of progress. Policymakers have other tools to tackle Medicare’s negative financial trajectory as well. Congress must work in a bipartisan manner to consider and evaluate these potential reforms to ensure the continued financial viability of the Medicare program for future generations of Americans.
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Policy Watch explores relevant topics where business meets US domestic policy. Join experts at the Committee for Economic Development of The Conference Board and prominent policy makers as they dissect the impact of timely decisions from the nation's capital.
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