What Is A Medicare Voucher System?

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   Ted Ratliff

   Owner, SFS Associates,

   Some members of Congress are promoting a Medicare Voucher System that would provide vouchers to Medicare eligible recipients and allow them to purchase insurance from a private company.  The theory behind this is that it will promote competition and rates will go down.  It will also, according to proponents, save the Government money since they no longer will have to administer claims.  Whether this will come to pass is anybodies guess at this point.

   Answered on June 20, 2013

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