Tag Archives: Medicare

Health care updates from Cato Institute

The latest health care commentary by Cato Institute scholars on: Newt Gingrich, Mitt Romney, mandatory insurance as elitist, unconstitutional, and based on phony justification. Continue reading

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Obamacare’s Cruel and Inhumane Inflation-Indexed Vouchers

For some prominent pundits, tax-funded vouchers for “private” insurance are OK when a Democrat proposes it, but not OK when a Republican does. Continue reading

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Medicare Loses Nearly 4 Times as Much Money as Health Insurers Make

Next time someone decries insurance company profits, remind him that fraud and waste in Medicare and Medicaid far exceed these dollar amounts. Check out Jeffrey Anderson’s article in the Weekly Standard: “Medicare Loses Nearly Four Times as Much Money as Health Insurers Make.” See also my previous post: “Medicare & Medicaid fraud far exceeds insurance company profits.” Continue reading

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The Road To Socialized Medicine Is Paved With Pre-existing Conditions – The Objectivist – - Forbes

The government takeover of medicine & medical insurance has been an incremental process. At Forbes.com, read about the “general pattern of the expansion [where] advocates point to some group in real or alleged dire need and declare that Washington has a duty to act.” Continue reading

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Yes, Medicare is an (unsustainable & bankrupt) welfare program

“With Medicare, we are all still making out like bandits, shoving all those costs to future generations,” said [economist Eugene] Steuerle. “At another level, we know that this system is totally unsustainable.” Continue reading

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How Medicare vouchers could bypass health care rationing

The debate over which medical treatments Medicare would cover would vanish if instead of running a monopolistic health plan for seniors, government subsidized seniors’ purchase of the insurance plan of their choice. Continue reading

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Donald Berwick’s Five-Year Plan v. the iPhone

Paul Howard and David Gratzer, MD write Last month, Apple released its new iPhone, a faster and more powerful version of its ever popular computer-phone. It’s a remarkable device – particularly remarkable given that its machine ancestors were large and … Continue reading

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Obama appoints Donald Berwick: Health Care Rationer-in-Chief

From Grace-Marie Turner at National Review (July 7): President Obama is making a huge end-run around the American people with his recess appointment of Dr. Donald Berwick. “This recess appointment is an insult to the American people,” said Sen. John … Continue reading

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Medicare & the government debt ball & chain

Mothers Against Debt has a memorable video on how the U.S. government’s debt shackles future generations: The health control legislation (HR 3590) will also increase the deficit. Here’s a chart from the recent article by Veronique de Rugy in Reason … Continue reading

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How much is Medicare costing taxpayers?

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? … Continue reading

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