Current recipients have different reactions. Some scholars say basing the amount of payments on need could make the program less popular.

Glenn Hubbard, former Chair of the White House Economic Council of Advisers under President George W. Bush, discusses the entitlement reform, the economic recovery, and taxes.

The government medical program for the elderly means seniors and their families have more money to spend on other things.

Just in time for the second presidential debate, Medicare, the patient, goes to see "Dr. Obama" and "Dr. Romney."

Vice President Joe Biden will face Congressman Paul Ryan on the debate stage tonight, and Paul Ryan's Medicare plan is sure to be a hot topic. Polling shows most Americans are against Ryan's voucher proposal, but do recognize the need for system reforms.

Some efforts to change the government health care program for seniors has triggered fireworks; others, not so much.

American Hospital Association's PAC spends almost $1 million on ads

Fortune Magazine’s Allan Sloan discusses his solutions to fixing Social Security, Medicare, and the tax code – without the help of politicians.

A former supporter and architect of the Medicare vouchers program explains why he's now opposed to the program, which Republican presidential candidate Mitt Romney supports.

The $5.7 billion deal with let Aetna double its number of Medicaid members.