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 ...
The ‘Medicare-For-All’ Delusion
As Congress looks for ways to bring down the cost of insurance, a growing number of Democrats are pushing to get rid of insurance altogether and make the federal government the sole funder of health care in this country. Several progressive Senate candidates have put Medicare for All at the center of their campaign platforms. Rep. Pramila Jayapal, D-Wash., is touting polling showing widespread support for the idea. Legislators in some states, including Pennsylvania, are ...
Proposed patent tax offers a dangerous ‘solution’ to a non-existent problem
US Commerce Secretary Howard Lutnick believes taxpayers are getting short-changed by America’s patent system. Last year, he argued that the federal government should be entitled to 50% of the revenue universities earn from licensing the patented discoveries they’ve made with help from federally funded research grants. Lutnick is deeply mistaken. Taxpayers already receive an astounding return on investment when government-supported research is translated into real-world cures, technologies and consumer products. These inventions don’t just improve ...
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