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Medicare Experiment Fails to Save Money

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An ambitious three-year experiment to see whether the Medicare system could prevent expensive hospital visits for people with chronic conditions like congestive heart failure and diabetes has suggested that such an approach may cost more than it saves. (New York Times [1], Monday)

There's no substitute for free-market entrepreneurship.

FEE Timely Classic
Free-Market Medicine [2] by Larry Van Heerden


Article printed from Foundation for Economic Education: http://www.fee.org

URL to article: http://www.fee.org/articles/in-brief/medicare-experiment-fails-to-save-money/

URLs in this post:

[1] New York Times: http://www.nytimes.com/2008/04/07/business/07medicare.html?_r=1amp;hpamp;oref=slogin

[2] Free-Market Medicine: http://www.fee.org/publications/the-freeman/article.asp?aid=4305

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