Medicare
Education
New Study Finds that Medicare Advantage Relieves the “Hidden Tax” On Privately Insured Americans
San Francisco The Pacific Research Institute, a free-market think tank based in San Francisco, today released its new report, Medicare Advantage or Medicare Monopoly: Protecting Seniors Choices and Taxpayers Wallets in the Federal Governments Largest Entitlement Program, by Health Care Studies Director John R. Graham. The report examines the ...
Pacific Research Institute
December 16, 2009
Commentary
Debate: Don’t Buy Into Medicare Buy-In
Sphere (AOL News), December 9, 2009 (Dec. 9) — Senate leaders are knee-deep in negotiations over the final version of their health care reform bill. Public outcry – and fear of losing the support of wavering centrists – has forced Democratic chieftains to jettison the controversial “public option.” In its ...
Sally C. Pipes
December 9, 2009
Commentary
Cutting Medicare Benefits Will Not Protect Taxpayers
While much of the “savings” promoted by the deficit chicken-hawks are delusional (waste, fraud, abuse, and no longer “fixing” doctors’ Medicare Part B reimbursement), one is very real: Cutting actual Medicare benefits by reducing seniors’ choices of Medicare Advantage plans. Traditional Medicare Part A (hospital) and Part B (outpatient) benefits ...
John R. Graham
November 25, 2009
Health Care
The Advantage of Medicare Advantage: Why Reducing Seniors’ Choices Won’t Protect Taxpayers
Medicare Advantage, in which about one-quarter of Medicare beneficiaries are currently enrolled, is a program that subsidizes beneficiaries’ access to private health insurance. The Pacific Research Institute will shortly publish Medicare Advantage or Medicare Monopoly? a thorough analysis of the costs and benefits of this program for Medicare beneficiaries and ...
John R. Graham
November 24, 2009
Commentary
Medicare Reimbursement Cap Called Unlikely to Stop Fraud
Responding to serious Medicare fraud and corruption in Florida’s Miami-Dade County, where five doctors from one clinic were found guilty of racketeering over the past three years, the Centers for Medicare and Medicaid Services is proposing a nationwide cap on Medicare reimbursements for treating in-home patients with chronic ailments. The ...
Thomas Cheplick
November 1, 2009
Commentary
Annual Medicare Fraud: $60 Billion; Annual Profits of Top Ten Insurance Companies: $8 billion
Well, let’s see…. Last year, the profits of the ten largest insurance companies in America were just over $8 billion — combined. No single insurance company made even five percent of what Medicare reportedly loses in fraud. While we’re making comparisons, in its real first ten years (2014-23), the Senate ...
Jeffrey H. Anderson
October 31, 2009
Commentary
Doctors Seven Times More Satisfied with Payments from Private Insurance as Medicare
Funded by the Robert Wood Johnson (RWJ) Foundation, the survey’s results were promoted with a different headline than you see above. “Poll finds most doctors support public option,” said National Public Radio (NPR); “73% of doctors favor public option,” said Salon’s Steve Klingman. These headlines were encouraged by the RWJ ...
John R. Graham
September 18, 2009
Commentary
The Medicare tsunami
In a recent news conference, President Obama said: “The biggest driving force behind our federal deficit is the skyrocketing cost of Medicare and Medicaid. So let me be clear: If we do not control these costs, we will not be able to control our deficits.” He is absolutely right. The ...
Jeffrey H. Anderson
August 26, 2009
Commentary
N.Y. Congressman Pushes ‘Medicare-for-all’ on ‘Morning Joe’
‘Morning Joe’ fails to note problems in claim there is no need for private insurers. While the uproar over a government-run public option continues in Washington, D.C. and around the country, one Democratic congressman is pushing for an even more drastic “takeover” of health care. Rep. Anthony Weiner, D-N.Y., told ...
Julia A. Seymour
August 19, 2009
Commentary
Even If It’s Not a ‘Death Panel,’ It Doesn’t Belong in Medicare
But even if we don’t go off the deep end with the “death panel” rhetoric, there’s still a fundamental problem with this, which gets to the core of why health insurance is so expensive: There is no reason for a health insurer to pay for such counselling. It’s a service ...
John R. Graham
August 13, 2009
New Study Finds that Medicare Advantage Relieves the “Hidden Tax” On Privately Insured Americans
San Francisco The Pacific Research Institute, a free-market think tank based in San Francisco, today released its new report, Medicare Advantage or Medicare Monopoly: Protecting Seniors Choices and Taxpayers Wallets in the Federal Governments Largest Entitlement Program, by Health Care Studies Director John R. Graham. The report examines the ...
Debate: Don’t Buy Into Medicare Buy-In
Sphere (AOL News), December 9, 2009 (Dec. 9) — Senate leaders are knee-deep in negotiations over the final version of their health care reform bill. Public outcry – and fear of losing the support of wavering centrists – has forced Democratic chieftains to jettison the controversial “public option.” In its ...
Cutting Medicare Benefits Will Not Protect Taxpayers
While much of the “savings” promoted by the deficit chicken-hawks are delusional (waste, fraud, abuse, and no longer “fixing” doctors’ Medicare Part B reimbursement), one is very real: Cutting actual Medicare benefits by reducing seniors’ choices of Medicare Advantage plans. Traditional Medicare Part A (hospital) and Part B (outpatient) benefits ...
The Advantage of Medicare Advantage: Why Reducing Seniors’ Choices Won’t Protect Taxpayers
Medicare Advantage, in which about one-quarter of Medicare beneficiaries are currently enrolled, is a program that subsidizes beneficiaries’ access to private health insurance. The Pacific Research Institute will shortly publish Medicare Advantage or Medicare Monopoly? a thorough analysis of the costs and benefits of this program for Medicare beneficiaries and ...
Medicare Reimbursement Cap Called Unlikely to Stop Fraud
Responding to serious Medicare fraud and corruption in Florida’s Miami-Dade County, where five doctors from one clinic were found guilty of racketeering over the past three years, the Centers for Medicare and Medicaid Services is proposing a nationwide cap on Medicare reimbursements for treating in-home patients with chronic ailments. The ...
Annual Medicare Fraud: $60 Billion; Annual Profits of Top Ten Insurance Companies: $8 billion
Well, let’s see…. Last year, the profits of the ten largest insurance companies in America were just over $8 billion — combined. No single insurance company made even five percent of what Medicare reportedly loses in fraud. While we’re making comparisons, in its real first ten years (2014-23), the Senate ...
Doctors Seven Times More Satisfied with Payments from Private Insurance as Medicare
Funded by the Robert Wood Johnson (RWJ) Foundation, the survey’s results were promoted with a different headline than you see above. “Poll finds most doctors support public option,” said National Public Radio (NPR); “73% of doctors favor public option,” said Salon’s Steve Klingman. These headlines were encouraged by the RWJ ...
The Medicare tsunami
In a recent news conference, President Obama said: “The biggest driving force behind our federal deficit is the skyrocketing cost of Medicare and Medicaid. So let me be clear: If we do not control these costs, we will not be able to control our deficits.” He is absolutely right. The ...
N.Y. Congressman Pushes ‘Medicare-for-all’ on ‘Morning Joe’
‘Morning Joe’ fails to note problems in claim there is no need for private insurers. While the uproar over a government-run public option continues in Washington, D.C. and around the country, one Democratic congressman is pushing for an even more drastic “takeover” of health care. Rep. Anthony Weiner, D-N.Y., told ...
Even If It’s Not a ‘Death Panel,’ It Doesn’t Belong in Medicare
But even if we don’t go off the deep end with the “death panel” rhetoric, there’s still a fundamental problem with this, which gets to the core of why health insurance is so expensive: There is no reason for a health insurer to pay for such counselling. It’s a service ...