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 ...
Republicans did not cut Medicaid. They slowed its growth
Democrats have made a striking claim central to their midterm message: that Republicans have “cut” Medicaid by as much as $1 trillion. It’s a powerful line. It’s also misleading. According to the nonpartisan Congressional Budget Office, Medicaid spending is projected to rise every year for the foreseeable future, totaling more than $8.3 trillion from 2027 to 2036. Federal spending alone is expected to grow from roughly $700 billion annually today to nearly $1 trillion by ...
Congressional Affordability Fix Must Hold Hospitals Accountable
The nation’s top hospital lobbyist testified before the House last week for the third in a series of hearings on healthcare affordability. According to a recent poll from KFF (f/k/a Kaiser Family Foundation), a little less than half of Americans say they have trouble affording healthcare. Over one-third have skipped or delayed needed treatment in the past year because of cost concerns. The lobbyist attempted to downplay hospitals’ role in driving health costs upward. The ...
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