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 ...
Trump’s Plan To Peg Drug Prices to Foreign Countries Could Backfire
President Trump famously quipped during his run for a second term that he had “concepts of a plan” to fix health care. That plan finally came together in January — and congressional Republicans are eager to codify its concepts into law. Most of Mr. Trump’s “Great Healthcare Plan” is promising. It would make more medicines available over the counter, reduce out-of-pocket costs for insured patients, empower patients rather than insurance companies, and bring greater transparency ...
Republicans Haven’t Cut Medicaid—But They Have Tightened Its Belt
Have Republicans cut $1 trillion from Medicaid? Democrats have made this assertion central to their pitch to voters with this fall’s midterm elections approaching. Yet a new report from the nonpartisan Congressional Budget Office tells a different story. According to the agency’s latest projections, spending on Medicaid is set to grow substantially in the coming years. It’s true that last year’s One Big Beautiful Bill Act will likely slow the rate of Medicaid spending growth ...
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