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Some argue that Medicare needs a major overhaul so that it resembles the private marketplace, where competition among health plans helps control costs and foster…

Some argue that Medicare needs a major overhaul so that it resembles the private marketplace, where competition among health plans helps control costs and foster efficiency. Others counter that given the nature of the Medicare population, a major restructuring would expose the most vulnerable elderly and disabled citizens to great risks. What do you think and why?

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