Center for American Progress October 26, 2022
Policy options that reduce spending and support quality, while preserving coverage, affordability, and care access for seniors, can improve the value of Medicare.
Introduction and summary
Covering more than 60 million seniors and disabled people, Medicare is the second-largest health insurance program in the United States, after Medicaid.1 It pays for millions of patients’ care throughout the country and influences millions of providers’ business and clinical decisions. Given Medicare’s size and role as a public program, reforms to improve its value have tremendous potential to improve care quality and health outcomes throughout the country as well as to generate savings for beneficiaries and taxpayers.
These changes offer promising avenues for improving health care quality,...