Medicaid
Commentary
Medicaid Mess-up
Last week, government officials discovered that up to 3 million middle-class Americans with annual incomes as high as $64,000 could qualify for Medicaid, the government health insurance program for the poor, thanks to Obamacare. Medicares chief actuary, Richard Foster, summed the situation up nicely: [T]hat just doesnt make ...
Sally C. Pipes
June 29, 2011
Commentary
Congress Should Apply Clinton-era Reform to Medicare
A successful welfare reform from the 1990s offers a model to reform a currently out-of-control program many Americans assume to be an entitlement, but which is actually welfare. The program is Medicaid, which should be easier to fix, politically, than the so-called entitlements of Social Security and Medicare. The politicians ...
John R. Graham
June 22, 2011
Business & Economics
Medicare Auctions for Durable Medical Equipment: Price Suppression and Research and Development Investment
San Francisco (June 13, 2011)—A new research study released by the Pacific Research Institute (PRI), a California-based free-market think tank, reviews the auction design process currently established by the Centers for Medicare and Medicaid Services (CMS) for medical devices and equipment. That process creates important adverse economic effects: It yields ...
Benjamin Zycher
June 14, 2011
Commentary
Medicaid is easier to fix than entitlement programs
Congress remains gridlocked on many important issues but not every politician is afraid to challenge the unsustainable growth of Medicaid. Consider S. 1031, by Sen. Tom Coburn. This measure would increase local control over Medicaid spending and improve the incentives that have led politicians to trap ever more low-income citizens ...
John R. Graham
June 5, 2011
Health Care
Why Medicaid Should Be Easier to Fix than Entitlement Programs
Congress remains gridlocked on many important issues but not every politician is afraid to challenge the unsustainable growth of Medicaid. Consider S. 1031, by U.S. Senator Tom Coburn. This measure would increase local control over Medicaid spending and improve the incentives that have led politicians to trap ever more low-income ...
John R. Graham
June 1, 2011
Commentary
Candid Romney Would Own Up To Mass. Fiasco
Massachusetts health reform is in the news driven by reports of long waits for care and its architect’s presidential ambitions. Former Massachusetts governor and GOP presidential hopeful Mitt Romney delivered a widely panned speech the week before last on health care. The three-part speech attempted the impossible: It defended ...
Sally C. Pipes
May 20, 2011
Commentary
Mission Impossible: Medicare’s Independent Payment Advisory Board
Key Points The Independent Payment Advisory Board (IPAB) is a new bureaucracy established by Obamacare that will limit Medicare beneficiaries access to certain medical goods and servicesespecially new prescription drugs. IPAB puts Medicare beneficiaries access to prescription drugs and certain other medical goods and services under control of ...
John R. Graham
May 11, 2011
Commentary
New Health Care Law Cripples State Budgets
America’s fiscal crisis is about to explode. In 2010 state budget deficits reached an all-time high of $191 billion. Former New York Lt. Gov. Richard Ravitch has predicted that state deficits could reach a staggering $500 billion this year when the stimulus funds propping up state budgets run out in ...
Sally C. Pipes
May 10, 2011
Commentary
R.I.’s Medicaid waiver’s big influence
Rhode Island may be small, but when it comes to keeping costs down and resisting federal control of health care, the Ocean State punches way out of its weight class. Medicaid, the health program for low-income residents, is a strain on every states budget. A fundamental problem with Medicaid is ...
John R. Graham
April 23, 2011
Commentary
Piping Up: Medical Innovation Critical To Bringing Down Health Care Costs
By the end of this decade, national health care spending is projected to amount to one-fifth of the country’s GDP. That’s more than four times military expenditures–and five times the amount spent each year on education. And that’s a conservative estimate. In a recent study, consulting firm Deloitte revealed that ...
Sally C. Pipes
April 19, 2011
Medicaid Mess-up
Last week, government officials discovered that up to 3 million middle-class Americans with annual incomes as high as $64,000 could qualify for Medicaid, the government health insurance program for the poor, thanks to Obamacare. Medicares chief actuary, Richard Foster, summed the situation up nicely: [T]hat just doesnt make ...
Congress Should Apply Clinton-era Reform to Medicare
A successful welfare reform from the 1990s offers a model to reform a currently out-of-control program many Americans assume to be an entitlement, but which is actually welfare. The program is Medicaid, which should be easier to fix, politically, than the so-called entitlements of Social Security and Medicare. The politicians ...
Medicare Auctions for Durable Medical Equipment: Price Suppression and Research and Development Investment
San Francisco (June 13, 2011)—A new research study released by the Pacific Research Institute (PRI), a California-based free-market think tank, reviews the auction design process currently established by the Centers for Medicare and Medicaid Services (CMS) for medical devices and equipment. That process creates important adverse economic effects: It yields ...
Medicaid is easier to fix than entitlement programs
Congress remains gridlocked on many important issues but not every politician is afraid to challenge the unsustainable growth of Medicaid. Consider S. 1031, by Sen. Tom Coburn. This measure would increase local control over Medicaid spending and improve the incentives that have led politicians to trap ever more low-income citizens ...
Why Medicaid Should Be Easier to Fix than Entitlement Programs
Congress remains gridlocked on many important issues but not every politician is afraid to challenge the unsustainable growth of Medicaid. Consider S. 1031, by U.S. Senator Tom Coburn. This measure would increase local control over Medicaid spending and improve the incentives that have led politicians to trap ever more low-income ...
Candid Romney Would Own Up To Mass. Fiasco
Massachusetts health reform is in the news driven by reports of long waits for care and its architect’s presidential ambitions. Former Massachusetts governor and GOP presidential hopeful Mitt Romney delivered a widely panned speech the week before last on health care. The three-part speech attempted the impossible: It defended ...
Mission Impossible: Medicare’s Independent Payment Advisory Board
Key Points The Independent Payment Advisory Board (IPAB) is a new bureaucracy established by Obamacare that will limit Medicare beneficiaries access to certain medical goods and servicesespecially new prescription drugs. IPAB puts Medicare beneficiaries access to prescription drugs and certain other medical goods and services under control of ...
New Health Care Law Cripples State Budgets
America’s fiscal crisis is about to explode. In 2010 state budget deficits reached an all-time high of $191 billion. Former New York Lt. Gov. Richard Ravitch has predicted that state deficits could reach a staggering $500 billion this year when the stimulus funds propping up state budgets run out in ...
R.I.’s Medicaid waiver’s big influence
Rhode Island may be small, but when it comes to keeping costs down and resisting federal control of health care, the Ocean State punches way out of its weight class. Medicaid, the health program for low-income residents, is a strain on every states budget. A fundamental problem with Medicaid is ...
Piping Up: Medical Innovation Critical To Bringing Down Health Care Costs
By the end of this decade, national health care spending is projected to amount to one-fifth of the country’s GDP. That’s more than four times military expenditures–and five times the amount spent each year on education. And that’s a conservative estimate. In a recent study, consulting firm Deloitte revealed that ...