A New Vision For Medicare: Breaking Down Barriers Between Medical Treatment And Personal Care

from Forbes
July 13, 2016
By Howard Gleckman

Since July 1 was the 50th anniversary of Medicare first enrolling (and paying benefits for) seniors, it’s a good time to think about modernizing the half-century old program.

A couple of weeks ago I tried to make the case for why we should improve Medicare. Now, let’s think about how.

Medicare needs to better serve a population of older adults who live longer and with more chronic conditions than they did in the 1960s. Medicare’s fee-for-service acute care model may have worked well in the days when treating heart attacks and strokes were a primary focus of health care. But in the past half-century, medical science has turned heart disease and even some cancers into chronic conditions. Unfortunately, these advances have also made it possible for more of us to live long enough to show symptoms of dementia. Roughly 90 percent of Medicare dollars are spent on seniors with chronic conditions.

Read the full story here.