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On the Use of Vouchers for Medicare

Harold S. Luft
The Milbank Memorial Fund Quarterly. Health and Society
Vol. 62, No. 2, Special Issue: Financing Medicare: Explorations in Controlling Costs and Raising Revenues (Spring, 1984), pp. 237-250
Published by: Wiley on behalf of Milbank Memorial Fund
DOI: 10.2307/3349826
Stable URL: http://www.jstor.org/stable/3349826
Page Count: 14
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On the Use of Vouchers for Medicare
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Abstract

Although hospital care forms the largest expenditure under Medicare, long-term reforms in the basic reimbursement system should be approached cautiously. The effects of newly mandated changes-prospective payment and DRGs-have yet to be evaluated, but some modifications should be considered for the near term. Uniform, national payment rates and adjustments for teaching are especially critical areas.

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