Medicare coverage falls short of its original mandate of access to modern m
edicine and protection against the high costs of medical care. These shortf
alls destabilize both health outcomes and the economic Viability of older a
dults and their families. Our proposed revisions would promote, rather than
discourage, optimal care for beneficiaries. By replacing incentives for fr
agmented, episodic care with an orientation toward functional status, care
management, and integration with long-term care, we can make an invaluable
investment in a successfully aging society.