Medicare
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 ...
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 ...
Commentary
Path Dependency in Medicare Reform
Arguments will not change this fact: People change when the pain of not changing becomes greater than the pain of changing, but not before. This can be the only explanation for the majority of respondents to polls (described here) which ask the foolish question whether “Medicare should remain as it ...
Commentary
Grim Reality of Medicare Reform
Sure, I’ll admit I had the urge to jump up and down and pump my fists in the air. But then I read Henry Olsen’s warning about alienating blue-collar voters, and I decided that while McCarthy’s scorched-earth approach may be the right one for the conservative patriot to adopt when ...
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 ...
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 ...
Health Care
The Ryan Republican Medicare Reforms: What They Are, What They’re Not, and What They Might Become
Key Points The Medicare part of the Ryan budget is superior to Obamacare but needs more definition. The current proposal would limit future Medicare beneficiaries choices to those selected from a federal exchange. Medicare beneficiaries would benefit more from Republicans clear commitment to restore Medicare Advantage, a popular alternative to ...
Commentary
Clarifying Ryan’s Medicare Reform
(Not that Ryan’s retreating from the term will prevent “voucher” being used to describe his reform. Grace-Marie Turner has explained how “premium support” differs from a voucher, but even Ryan supporter Michael Cannon of the Cato Institute insists on describing it as a voucher.) Of course, a good night’s sleep ...
Commentary
Ryan Flinched on Medicare
Path to Prosperity, however, eliminates the “payment” in favor of the woolier “premium support.” Nor does it even report how it would calculate this premium support, beyond asserting that “wealthier beneficiaries would receive a lower subsidy” (p. 46). It never ceases to amaze me that conservative policy analysts cheer such ...
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 ...
Path Dependency in Medicare Reform
Arguments will not change this fact: People change when the pain of not changing becomes greater than the pain of changing, but not before. This can be the only explanation for the majority of respondents to polls (described here) which ask the foolish question whether “Medicare should remain as it ...
Grim Reality of Medicare Reform
Sure, I’ll admit I had the urge to jump up and down and pump my fists in the air. But then I read Henry Olsen’s warning about alienating blue-collar voters, and I decided that while McCarthy’s scorched-earth approach may be the right one for the conservative patriot to adopt when ...
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 ...
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 ...
The Ryan Republican Medicare Reforms: What They Are, What They’re Not, and What They Might Become
Key Points The Medicare part of the Ryan budget is superior to Obamacare but needs more definition. The current proposal would limit future Medicare beneficiaries choices to those selected from a federal exchange. Medicare beneficiaries would benefit more from Republicans clear commitment to restore Medicare Advantage, a popular alternative to ...
Clarifying Ryan’s Medicare Reform
(Not that Ryan’s retreating from the term will prevent “voucher” being used to describe his reform. Grace-Marie Turner has explained how “premium support” differs from a voucher, but even Ryan supporter Michael Cannon of the Cato Institute insists on describing it as a voucher.) Of course, a good night’s sleep ...
Ryan Flinched on Medicare
Path to Prosperity, however, eliminates the “payment” in favor of the woolier “premium support.” Nor does it even report how it would calculate this premium support, beyond asserting that “wealthier beneficiaries would receive a lower subsidy” (p. 46). It never ceases to amaze me that conservative policy analysts cheer such ...
