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Applying the Defined Contribution to Medicare: a Primer (PDF)
American Academy of ActuariesLink to more items from this source
July 24, 2002

July 2002 Issue Brief. Excerpt: Should [Medicare] retain its current defined benefit approach (similar to that used by traditional retirement plans) or should it be changed to a defined contribution approach (similar to that used by 401(k) retirement plans)? This issue brief provides a primer on these two approaches and what they mean in the context of the debate on Medicare reform.

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