Medicare
Commentary
Public Option To Cut Health Costs? Medicare’s Record Says Dream On
“First, the rising cost of health care must be brought down.” That’s what President Obama recently declared when outlining the basic principles of his health care plan. His supporters have echoed his emphasis. The New York Times writes that, when it comes to health policy, “The president’s main focus is ...
Jeffrey H. Anderson
June 19, 2009
Health Care
Medicare Costs Have Risen Far More than the Costs of Private Health Care
As Americans contemplate a significant expansion of government’s role in health care, in the form of the Medicare-like “public option” proposed by President Obama, we must consider how successful Medicare has been at controlling costs in relation to privately purchased health care. This analysis takes all health spending in the ...
Jeffrey H. Anderson
June 9, 2009
Commentary
Fewer Alaska Doctors Take New Medicare Patients
Health Care News (Heartland Institute), June 1, 2009 Fewer than 20 percent of physicians surveyed in Alaska’s largest city are accepting new patients covered by Medicare, according to a study by the University of Alaska-Anchorage’s Institute of Social and Economic Research. Only 38 percent of that total are in private ...
Krystle Russin
June 1, 2009
Commentary
Medicare Benefits Fall Short of Employer-Provided Health Care Plans
Employer-provided health plans provide more generous benefits to seniors than Medicare does, according to an analysis conducted by the Kaiser Family Foundation and Lincolnshire, Illinois-based Hewitt Associates. The study compared the traditional fee-for-service Medicare benefit package, including the prescription drug benefit, with typical large employer-provided health plans. The study found ...
Dr. Sanjit Bagchi
December 1, 2008
Health Care
Medicare Means Testing: Test the Deductible, Not the Premium
The looming insolvency of Medicare is disappointingly absent from the list of policy issues on the carte du jour for the November general election. Fortunately, the current Administration recognizes the clear and present danger of Medicare insolvency. “Time is running out. Medicare is drifting toward disaster,”1 said U.S. Secretary of ...
John R. Graham
June 24, 2008
Commentary
Let seniors control Medicare’s exploding expenses
This year, Medicare will begin paying out more in benefits than it collects in payroll taxes. If trends continue, the so-called trust fund will bust by 2019. This is all according to the Medicare Board of Trustees, who recently warned that the “projected long run program costs are not sustainable ...
John R. Graham
June 17, 2008
Health Care
Why Consumer-Driven Health Care is Crashing on the Shoals of Medicare
Last month’s Medicare Trustees’ report confirms that Medicare is going bankrupt faster than Social Security, even though they serve the same population. Social Security subsidizes demand by seniors for all goods and services, whereas Medicare subsidizes the supply of health goods and services to seniors at fixed prices, which creates ...
John R. Graham
April 8, 2008
Public Option To Cut Health Costs? Medicare’s Record Says Dream On
“First, the rising cost of health care must be brought down.” That’s what President Obama recently declared when outlining the basic principles of his health care plan. His supporters have echoed his emphasis. The New York Times writes that, when it comes to health policy, “The president’s main focus is ...
Medicare Costs Have Risen Far More than the Costs of Private Health Care
As Americans contemplate a significant expansion of government’s role in health care, in the form of the Medicare-like “public option” proposed by President Obama, we must consider how successful Medicare has been at controlling costs in relation to privately purchased health care. This analysis takes all health spending in the ...
Fewer Alaska Doctors Take New Medicare Patients
Health Care News (Heartland Institute), June 1, 2009 Fewer than 20 percent of physicians surveyed in Alaska’s largest city are accepting new patients covered by Medicare, according to a study by the University of Alaska-Anchorage’s Institute of Social and Economic Research. Only 38 percent of that total are in private ...
Medicare Benefits Fall Short of Employer-Provided Health Care Plans
Employer-provided health plans provide more generous benefits to seniors than Medicare does, according to an analysis conducted by the Kaiser Family Foundation and Lincolnshire, Illinois-based Hewitt Associates. The study compared the traditional fee-for-service Medicare benefit package, including the prescription drug benefit, with typical large employer-provided health plans. The study found ...
Medicare Means Testing: Test the Deductible, Not the Premium
The looming insolvency of Medicare is disappointingly absent from the list of policy issues on the carte du jour for the November general election. Fortunately, the current Administration recognizes the clear and present danger of Medicare insolvency. “Time is running out. Medicare is drifting toward disaster,”1 said U.S. Secretary of ...
Let seniors control Medicare’s exploding expenses
This year, Medicare will begin paying out more in benefits than it collects in payroll taxes. If trends continue, the so-called trust fund will bust by 2019. This is all according to the Medicare Board of Trustees, who recently warned that the “projected long run program costs are not sustainable ...
Why Consumer-Driven Health Care is Crashing on the Shoals of Medicare
Last month’s Medicare Trustees’ report confirms that Medicare is going bankrupt faster than Social Security, even though they serve the same population. Social Security subsidizes demand by seniors for all goods and services, whereas Medicare subsidizes the supply of health goods and services to seniors at fixed prices, which creates ...