Medicare
Business & Economics
Comparative effectiveness reviews mean fewer cures
Elected officials have powerful incentives to spend, and the administrators of government agencies — always seeking to increase their budgets — are happy to oblige. But the federal budget is finite. There are equally-powerful incentives to create more programs, as politicians are driven to make more citizens dependent upon government. ...
Benjamin Zycher
October 9, 2011
Government Spending
The deficit ‘super committee’ and health care
The federal debt-reduction super committee recently held its third meeting to explore changes in the tax code. The 12-member bipartisan panel must find $1.5 trillion in federal savings by Thanksgiving. Committee members have gone to great lengths to emphasize their differences, but there is still room for agreement. The committee ...
Sally C. Pipes
October 8, 2011
Health Care
Doctors and AMA Split Over Contentious Issue of ObamaCare
For more than 160 years, the American Medical Association has served as the self-appointed chief lobbying group for doctors. But the AMAs lofty status has been under threat over the last several years and is under attack today. In fact, the AMA now only counts about 17% of doctors ...
Sally C. Pipes
September 26, 2011
Commentary
Democrats’ Plan B For Medicare: Medicare For All
Last month, ObamaCare was dealt another huge blow. On August 12, the U.S. Court of Appeals for the 11th Circuit in Atlanta ruled that the law’s requirement that all adults purchase health insurance was unconstitutional. The court determined that the government isn’t empowered to force private citizens to buy a ...
Sally C. Pipes
September 6, 2011
California
Pay cut story highlights pension absurdities
Fresno schools Superintendent Larry Powell has been getting the hero treatment in the national media for his reportedly selfless decision to give up his annual salary/benefits of $290,000 a year and instead take $31,000 in salary only. He’s doing it for the kids, he said, to save the district significant ...
Steven Greenhut
September 4, 2011
Commentary
Competing To Save The Health-Care System Money
American seniors recently received some good news they wont be seeing higher premiums in 2012 for their Medicare prescription drug benefits. In fact, the rates they pay for prescription drug coverage under Medicare Part D will decline this coming year, according to the U.S. Department of Health and Human ...
Sally C. Pipes
August 22, 2011
Business & Economics
The Federal War Against Medical Technology
At about $75 billion annually, U.S. private-sector investment in medical technology is substantial, and a large body of research demonstrates that the economic returns to these investments are enormous. But emerging federal policies are likely to create powerful disincentives for the research and development of medical innovations, in particular, pharmaceuticals ...
Benjamin Zycher
August 18, 2011
Commentary
Counting Up ObamaCare’s Health Cost Inflation
Its time to add yet another study to the growing list of research showing that ObamaCare isnt delivering on its grand promises. In the July issue of the journal Health Affairs, Medicares actuaries released new estimates of the rate of growth of national health costs. Surprise, surprise theyre projected ...
Sally C. Pipes
August 8, 2011
Commentary
Senior Citizens Will Pay Dearly For Health Care Price Controls
Squabbles over spending cuts have ruled the negotiations over increasing the debt ceiling. But even after the ink is dry on the budget deal just passed, lawmakers will still be charged with reducing federal spending further. One proposal that refuses to die would impose price controls on prescription drugs in ...
Sally C. Pipes
August 1, 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
Comparative effectiveness reviews mean fewer cures
Elected officials have powerful incentives to spend, and the administrators of government agencies — always seeking to increase their budgets — are happy to oblige. But the federal budget is finite. There are equally-powerful incentives to create more programs, as politicians are driven to make more citizens dependent upon government. ...
The deficit ‘super committee’ and health care
The federal debt-reduction super committee recently held its third meeting to explore changes in the tax code. The 12-member bipartisan panel must find $1.5 trillion in federal savings by Thanksgiving. Committee members have gone to great lengths to emphasize their differences, but there is still room for agreement. The committee ...
Doctors and AMA Split Over Contentious Issue of ObamaCare
For more than 160 years, the American Medical Association has served as the self-appointed chief lobbying group for doctors. But the AMAs lofty status has been under threat over the last several years and is under attack today. In fact, the AMA now only counts about 17% of doctors ...
Democrats’ Plan B For Medicare: Medicare For All
Last month, ObamaCare was dealt another huge blow. On August 12, the U.S. Court of Appeals for the 11th Circuit in Atlanta ruled that the law’s requirement that all adults purchase health insurance was unconstitutional. The court determined that the government isn’t empowered to force private citizens to buy a ...
Pay cut story highlights pension absurdities
Fresno schools Superintendent Larry Powell has been getting the hero treatment in the national media for his reportedly selfless decision to give up his annual salary/benefits of $290,000 a year and instead take $31,000 in salary only. He’s doing it for the kids, he said, to save the district significant ...
Competing To Save The Health-Care System Money
American seniors recently received some good news they wont be seeing higher premiums in 2012 for their Medicare prescription drug benefits. In fact, the rates they pay for prescription drug coverage under Medicare Part D will decline this coming year, according to the U.S. Department of Health and Human ...
The Federal War Against Medical Technology
At about $75 billion annually, U.S. private-sector investment in medical technology is substantial, and a large body of research demonstrates that the economic returns to these investments are enormous. But emerging federal policies are likely to create powerful disincentives for the research and development of medical innovations, in particular, pharmaceuticals ...
Counting Up ObamaCare’s Health Cost Inflation
Its time to add yet another study to the growing list of research showing that ObamaCare isnt delivering on its grand promises. In the July issue of the journal Health Affairs, Medicares actuaries released new estimates of the rate of growth of national health costs. Surprise, surprise theyre projected ...
Senior Citizens Will Pay Dearly For Health Care Price Controls
Squabbles over spending cuts have ruled the negotiations over increasing the debt ceiling. But even after the ink is dry on the budget deal just passed, lawmakers will still be charged with reducing federal spending further. One proposal that refuses to die would impose price controls on prescription drugs in ...
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 ...