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  • Title: Potential consequences of reforming Medicare into a competitive bidding system.
    Author: Song Z, Cutler DM, Chernew ME.
    Journal: JAMA; 2012 Aug 01; 308(5):459-60. PubMed ID: 22851110.
    Abstract:
    The idea of a premium support (or voucher) system for Medicare has generated substantial debate. Under premium support, Medicare beneficiaries choose among health plans that compete in a market-based bidding system. In some models, the Traditional Medicare (TM) program is abandoned entirely in favor of private health plans. In other models, such as the Ryan-Wyden plan, TM becomes one option among many.
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