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Life Health > Health Insurance > Health Insurance

How a competitive health care model falls short

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Market competition is how Republican vice presidential nominee Paul Ryan suggests we reign in Medicare costs. He uses the health program for federal employees as an example, but an analysis of data requested by Kaiser Health News might not make it the best example. For 2010, average spending in the federal workers’ program grew 7.1 percent annually per employee compared to 5.8 percent for traditional Medicare—excluding the drug program.