Paragon Floats Means-Testing Reforms In Medicare To Stabilize Program Costs

Updated Story Reducing government subsidies for higher-income Medicare beneficiaries by expanding means testing -- which generally ensures that wealthier enrollees pay higher premiums -- could help stabilize rising program costs and direct funds to those most in need, according to a recent report from Paragon Health Institute that was authored by a former career Office of Management and Budget official during the Trump and Biden administrations. The report, released May 1, found that under the 2024 income-related...