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 Real Profiteers in Healthcare Aren’t Drugmakers
Pressure is building on Capitol Hill for Congress to codify President Trump’s “most favored nation” drug-pricing initiative into law. The administration has already struck deals with more than a dozen drugmakers to sell medicines to Medicaid, the federal-state health plan for low-income individuals and the disabled, at the lowest prices paid by other developed nations. Now lawmakers are debating whether to impose the same framework across the U.S. market. The effort is premised on a ...
Insurance red tape is delaying care for millions of Americans
Few things frustrate patients more than the insurance paperwork that stands between them and the care they need. A new poll from KFF shows just how serious the problem has become. Nearly seven in ten Americans say insurer prior authorization requirements are a “burden.” Beyond costs, more than one-third call them the biggest challenge they face navigating the healthcare system. It’s easy to understand the frustration. Prior authorization requires doctors and patients to obtain approval ...
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