There are 600,000 physicians in America who care for the 48 million seniors on Medicare. Of the $716 billion that the Affordable Care Act cuts from the program over the next ten years, the largest chunk—$415 billion—comes from slashing Medicare’s reimbursement rates to doctors, hospitals, and nursing homes. This significant reduction in fees is driving many doctors to stop accepting new Medicare … [Read more...] about Avik Roy: How Obamacare’s $716 Billion in Cuts Will Drive Doctors Out of Medicare
Scott Atlas: How To Save America’s Health Care Safety Net
Much has already been written about the divergent views of President Obama and Governor Romney on health care reform. More than a difference in details, though, this issue, newly thrust into the spotlight with Paul Ryan’s selection by Mitt Romney, embodies a fundamental difference between the candidates. President Obama believes in bigger government programs, funded by more taxes, with more … [Read more...] about Scott Atlas: How To Save America’s Health Care Safety Net
Stop demonizing Ryan and get something done
Medicare is not sustainable, especially with more than 70 million baby boomers starting to enter the program at the rate of 10,000 a day. We do not have the option of ignoring this growing tsunami of red ink or of spewing false accusations about the serious reform plan offered by House Budget Committee Chairman Paul Ryan. Under Obamacare, the president's plan to "save" Medicare relies … [Read more...] about Stop demonizing Ryan and get something done
Future of Healthy Indiana Plan Remains Uncertain
After two years of waiting for a response, the state has learned it may be forced to close enrollment for the 42,000-plus people in the Healthy Indiana Plan (HIP) beginning next year. Family and Social Services Administration (FSSA) Secretary Michael Gargano recently received notification from the Centers for Medicare & Medicaid Services (CMS), a division of the U.S. Department of Health … [Read more...] about Future of Healthy Indiana Plan Remains Uncertain
Rest in Peace
We are extremely sad to learn of the death of our valued colleague Johnny Munkhammar, a member of the Swedish parliament who was a wonderful friend of freedom and free markets. Johnny had a rare form of cancer that he had been battling for several years. He died on Monday just short of his 38th birthday. We grieve for his dear wife and two young daughters, ages 3 and 6. He was a shining star … [Read more...] about Rest in Peace
Spending $716 Billion, Twice
The issue of $716 billion in spending cuts to Medicare has taken center stage, with accusations flying about who is raiding Medicare and pushing Granny off the cliff. So here are the facts: In 1997, the Republican Congress passed, and President Bill Clinton signed, the Balanced Budget Act (BBA), which gradually reduced payments to Medicare providers as part of a plan to reduce overall … [Read more...] about Spending $716 Billion, Twice
Jim Capretta: President Obama’s $700 Billion Medicare Problem
Governor Mitt Romney’s selection of Representative Paul Ryan as his vice-presidential running mate is revealing on a couple of levels. First, it shows that Governor Romney has a keen eye for talent (which probably explains his success as a CEO). Representative Ryan has become an intellectual leader, perhaps the intellectual leader, of the House GOP, and that didn’t just happen by accident. He … [Read more...] about Jim Capretta: President Obama’s $700 Billion Medicare Problem
Not Reforming Medicare Is Not an Option
To those who insist that they’ve “paid for” their Medicare benefits and dare politicians to change the program, consider this: A typical couple retiring last year, with both spouses having worked and paid taxes their whole careers, would have paid a total of $149,000 in Medicare taxes. But they are expected to consume an average of $351,000 in medical services in their retirement years (in … [Read more...] about Not Reforming Medicare Is Not an Option