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  • January 2, 2020
  • Article
  • Harvard Business School Working Knowledge

Medicare for All or Public Option: Can Either Heal Health Care?

By: Regina E. Herzlinger and James Wallace
  • Format:Electronic
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Abstract

The United States has serious health care problems: More than 27 million uninsured people, costs that are growing faster than income, and a staggering $37 trillion of unfunded liabilities in the Medicare program. Perhaps most alarming: The US ranks lowest among developed nations in avoiding preventable deaths, despite its world-class resources and medical technology. Which, if any of these, can solve these serious problems? We think that a public option could if, unlike Medicare, it’s priced on a pay-as-you-go actuarial basis.

Keywords

Healthcare; Public Option; Medicare; Health Care and Treatment; Insurance; Cost Management; Problems and Challenges; United States

Citation

Herzlinger, Regina E., and James Wallace. "Medicare for All or Public Option: Can Either Heal Health Care?" Harvard Business School Working Knowledge (January 2, 2020).
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About The Author

Regina E. Herzlinger

General Management
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