Should we expect more of this if politicians expand government-run health programs? From CNN:
When you think of low-paying jobs, doctor doesn't usually come to mind.But with a 21% cut in Medicare payments slated to take effect later this month, physicians who say they are making an OK living ...
Keith Hennessey reviews the disagreement between Paul Krugman (on one side) and Rep. Paul Ryan, New Gingrich, and John Goodman (on the other) about how to change Medicare so it does not bankrupt the country. How much is Medicare spending? Consider what Hennessey points out:
The policy reality is that if ...
Last week the Wall Street Journal published an op-ed by Newt Gingrich and John Goodman titled "Ten GOP Health Ideas for Obama." John Goodman is a great resource on health care policy, and I read his blog regularly. But this article is one example of how Republicans (given the article's ...
Dr. Paul Hsieh points out some scary aspects of the House health bill (HR 3962) and the Senate health bill (HR 3590):
Under ObamaCare, patients will be forced to pay for certain kinds of medical care whether they want it or not — thus raising their health care costs.
And patients ...
A Wall Street Journal editorial summarizes:
[Harry Reid] is claiming that a Medicare "buy-in" for people from ages 55 to 64 has overcome the liberal-moderate impasse over the "public option." But if anything, this gambit is an even faster road to government-run health care. ...
Mr. Reid's buy-in simply cuts out the ...
John R. Graham of the Pacific Research Institute offers a great critique of Nicholas D. Kristof's recent New York Times column. Kristof relates a distressing story about a John Brodniak, who lost his job due to illness, exhausted his COBRA benefits, and ended up on Medicaid. Yet, Kristof reaches an ...
Harry Reid's Senate health bill up for a procedural vote on Saturday, which could allow it to move forward to debate. (Yet Republicans are pushing to read the whole thing, which could take 34 hours!) In any case, be wary of how this bill will cut the deficit: remember how ...
The Association of American Physicians and Surgeons describes key problems with Medicare. But of course any kind of "Medicare for All," or Medicare Part E (E for everyone, get it?!) will have these problems. Of course not.
It is structured as a Ponzi scheme.
Its low administrative costs are a mirage.
It is ...
Writes Grace-Marie Turner in the Wall Street Journal:
Massachusetts is a problematic model on which to base federal health-care reform because the state relies heavily on Medicaid. Washington in 2008 agreed to provide the state with $10.6 billion over three years as part of its Medicaid waiver request, which allows the ...
A wonderful post by John Goodman:
Competition from a “Public Plan”: What to Expect
60 Minutes: Medicare fraud is $60 billion a year
YouTube versions w/o commercials: Part 1, Part 2.
GAO: Medicaid fraud was $33 billion in 2007 alone [page 32]
Fortune Magazine: The top 14 insurers earned $8.6 billion last year
These figures per ...
