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. ...
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 ...
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 AMA’s 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 ...
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 ...
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 ...
Commentary

Competing To Save The Health-Care System Money

American seniors recently received some good news — they won’t 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 ...
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 ...
Commentary

Counting Up ObamaCare’s Health Cost Inflation

It’s time to add yet another study to the growing list of research showing that ObamaCare isn’t delivering on its grand promises. In the July issue of the journal Health Affairs, Medicare’s actuaries released new estimates of the rate of growth of national health costs. Surprise, surprise — they’re projected ...
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 ...
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 ...
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. ...
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 ...
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 AMA’s 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 ...
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 ...
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 ...
Commentary

Competing To Save The Health-Care System Money

American seniors recently received some good news — they won’t 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 ...
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 ...
Commentary

Counting Up ObamaCare’s Health Cost Inflation

It’s time to add yet another study to the growing list of research showing that ObamaCare isn’t delivering on its grand promises. In the July issue of the journal Health Affairs, Medicare’s actuaries released new estimates of the rate of growth of national health costs. Surprise, surprise — they’re projected ...
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 ...
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 ...
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