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Private Plans Won’t Save Medicare Money
by Paul N. Van de Water
Writing in the Weekly Standard, James Capretta and Yuval Levin contend that a recent Journal of the American Medical Association (JAMA) article shows that private plans cost less than traditional Medicare. Washington Post columnist Robert Samuelson recently cited the same study. But Peter Orszag, former director of both the Office of Management and Budget and the Congressional Budget Office, explains in a recent Bloomberg column why these writers drew the wrong conclusions.