New Study: Medicare’s Price Controls Are Fueling America’s Growing Doctor Shortage
The Pacific Research Institute’s Center for Medical Economics and Innovation today released a new issue brief warning that continued federal underpayment of doctors is fueling a looming healthcare crisis by accelerating the nation’s physician shortage and undermining access to care. Written by PRI senior fellow in business and economics and CMEI director Dr. Wayne Winegarden, the brief (titled “It’s Time for Medicare to Stop Shortchanging Physicians”) finds that Medicare reimbursement rates are well below market ...
Enhanced Obamacare subsidies are gone. They deserve to stay that way
House Ways and Means Committee Chairman Jason Smith (R-MO) took to the chamber’s floor last week to voice his opposition to legislation that would extend the pandemic-era enhanced premium subsidies for Obamacare plans for three years. Unfortunately, his wise counsel fell on deaf ears, as all Democrats and 17 Republicans voted for the bill. “I rise in opposition to $100 billion bailouts for [a] broken system fueled by Democrat mandates,” Smith began. “I rise in ...
PRI Files Amicus Brief in Major Supreme Court Case That Could Upend Future Medical Innovation Nationwide
SACRAMENTO – California-based free market think tank the Pacific Research Institute announced today that it has filed an amicus curiae brief urging the U.S. Supreme Court to hear two cases challenging the federal government’s new prescription drug pricing program enacted under the Inflation Reduction Act. The cases, Janssen Pharmaceuticals, Inc. v. Secretary of the United States Department of Health and Human Services and Bristol Myers Squibb Co. v. Secretary of the United States Department of ...
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