Backgrounder posted November 6, 2014
Understanding the CBO’s Changes in Medicare Spending Projections
Changes in the Medicare spending projections by the Congressional Budget Office (CBO) have prompted a new debate over the fiscal health of the Medicare program. Some journalists and commentators have interpreted the CBO’s lowering of its Medicare spending projections over the past nine years as a possible indication that Medicare’s fiscal crisis is tapering. The New York…
Backgrounder posted October 30, 2014
A Fresh Start for Health Care Reform
Despite President Barack Obama’s insistence that the national health care debate is over, and that he will not “re-litigate” the misnamed Patient Protection and Affordable Care Act (PPACA), the practical concerns, aggravated by implementation glitches and policy failures, guarantee that the debate over the PPACA is far from over.
In the next phase of the health care…
Backgrounder posted September 4, 2014
Progress in Medicare Advantage: Key Lessons for Medicare Reform
Medicare Advantage (MA) is a program of competing private health plans. For the vast majority of senior citizens, it is the only viable alternative to enrollment in traditional Medicare. For Members of Congress, its record also provides valuable lessons for comprehensive Medicare reform.
MA is an increasingly attractive option for millions of senior and disabled…
Issue Brief posted August 1, 2014
The 2014 Medicare Trustees Report: A Dire Future for Seniors and Taxpayers Without Reform
The recently released annual Medicare trustees report reiterates a decades-old message: The Medicare program faces an unsustainable financial future. Unless the program is reformed, it will impose a huge financial burden on American taxpayers and jeopardize access to care for seniors.
While these facts are incontrovertible, the Obama Administration’s allies and some in…
Issue Brief posted March 11, 2014
Proposed Rules for Part D Would Create Undue Disruption for Seniors
The Obama Administration’s Centers for Medicare and Medicaid Services (CMS) has announced that it will not finalize controversial elements of its proposed Medicare rule. The proposed rule would have undercut patient choice and reduced the competition that controls costs in the Medicare drug program (Part D). Many key stakeholders and Members of Congress expressed…
Issue Brief posted February 11, 2014
“Junk” Health Plans and Other Obamacare Insurance Myths
Obamacare affects nearly all areas of health care, but the most disruptive provisions of the law affect insurance sold in the individual market. In 2013, at least 4.7 million policyholders across 31 states and the District of Columbia were notified that their current coverage was being discontinued. The number is likely even higher, since data were not available for 19…
Issue Brief posted December 18, 2013
Ten Broken Obamacare Promises
Since the passage of Obamacare in 2010, many of the President’s famous promises have been routinely broken. As he so ironically threatened in 2009, “If you misrepresent what’s in this plan, we will call you out.” To that end, here are 10 promises of Obamacare that have already proved to be broken.
Promise #1: “If you like your health care plan, you’ll be able to keep…
Issue Brief posted November 8, 2013
Lack of Competition in Obamacare’s Exchanges: Over Half of U.S. Has Two or Fewer Carriers
My guiding principle is, and always has been, that consumers do better when there is choice and competition. That’s how the market works. Unfortunately, in 34 states, 75 percent of the insurance market is controlled by five or fewer companies. In Alabama, almost 90 percent is controlled by just one company. And without competition, the price of insurance goes up and…
Issue Brief posted August 26, 2013
Obamacare’s Impact on Businesses: An Update
Obamacare will impose new health coverage costs, the employer mandate, compliance regulations, and new taxes on all businesses. Altogether, these constraints will dramatically affect companies’ per-employee costs, desire to provide health coverage, and motivation to grow in terms of both income and employment.
Further Burdening Businesses
Obamacare is likely to…
Issue Brief posted August 23, 2013
Obamacare’s Impact on Doctors—An Update
No class of American professionals will be more negatively impacted by the Patient Protection and Affordable Care Act (PPACA), commonly referred to as Obamacare, than physicians.
Third-party payment arrangements are already compromising the independence and integrity of the medical profession, and Obamacare reinforces the worst of these features.
Issue Brief posted August 21, 2013
Obamacare’s Impact on Today’s and Tomorrow’s Taxpayers: An Update
At a time when the nation has nearly $17 trillion in national debt and is running annual trillion-dollar budget deficits, largely attributed to existing entitlements, Obamacare creates two new entitlements projected to cost nearly $1.8 trillion over the next decade.
While Obamacare is technically scored by the Congressional Budget Office (CBO) as a deficit reducer,…