WASHINGTON (AP) — The top House Republican responsible for Medicare says he's open to other approaches besides privatization to curb the program's costs.

Ways and Means Chairman Dave Camp of Michigan told reporters Thursday he still supports the GOP plan to replace Medicare with a voucher-like payment for future retirees. But Camp said he's not interested in laying down more political markers and wants solutions President Barack Obama can sign into law.

Options include recommendations from Obama's debt commission that would increase out-of-pocket costs for some beneficiaries and cut payments to medical providers.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.