Posted in Affordable Care Act (ObamaCare), CPT billing, Crony Capitalism, Economic Issues, Free-Market, Government Regulations, Health Insurance, Insurance subsidies, Medical Costs, Medicare, Policy Issues, Reforming Medicare, Tax Policy, Uncategorized

Watch “Milton Friedman – Monopoly” on YouTube

The Healthcare industry, or medical-industrial complex, wears the armor of Government-sponsored protectionism; chinked together by pieces of the tax code, The McCarren-Ferguson Act, Certificate of Need laws, Medicare billing regulations, HIPAA, HITECH, and the ACA.

You would be hard pressed to find a more entrenched, impenetrable cartel.

Posted in Access to healthcare, Affordable Care Act (ObamaCare), big government, Economic Issues, Free-Market, Government Regulations, Government Spending, Health Insurance, Healthcare financing, Insurance subsidies, Medicaid, Medical Costs, medical inflation, Medicare, out-of-pocket costs, Policy Issues, Subsidies, Tax Policy, third-party payments, Uncategorized

Another Grim Reminder that Obamacare Has Made Healthcare More Expensive | International Liberty

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Dan Mitchell

Way back in 2009, some folks on the left shared a chart showing that national expenditures on healthcare compared to life expectancy. This comparison was not favorable to the United States, which e…

Source: Another Grim Reminder that Obamacare Has Made Healthcare More Expensive | International Liberty

Posted in Access to healthcare, Accountable Care Organizations, Affordable Care Act (ObamaCare), government incompetence, Government Regulations, Health Insurance, Healthcare financing, Leadership, Medical Costs, Medicare, News From Washington, News From Washington, DC & Related Shenanigans, Policy Issues, Reforming Medicare, Uncategorized

Can The Government Make Doctors Better Doctors? – Forbes

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John C. Goodman

You can take this to the bank. Every innovation in the production of every good or service – anything that lowers costs or increases quality – originates on the supply side of the market. There has never been a successful innovation that originated on the demand side.

This principle applies to health care in spades. For as long as I have been in health policy – more than 30 years – I have been dealing with non-doctors who have a deep, abiding desire to tell doctors what to do. Yet I don’t know of any example anywhere in the world where this approach has ever worked.

If the definition of insanity is repeating the same thing over and over again and each time expecting a different result then “insanity” is the appropriate word here. The Obama administration has spent millions of dollars on pilot programs and demonstration projects in a fruitless attempt to discover how to better practice medicine. It has spent millions more trying to herd Medicare patients into Accountable Care Organizations – super HMOs with financial incentives to hit quality measures. That hasn’t worked either.

Source: Can The Government Make Doctors Better Doctors? – Forbes

Posted in Deductibles, Economic Issues, Government Spending, Health Insurance, Medicaid, Medical Costs, Medicare, Uncategorized

Government Health Spending Growth Outstrips Private Sector Growth in Both the UK and the US | Health Policy Blog | NCPA.org

HA-Gorman2-300x180Here are some data suggesting that health spending increases are, as theory suggests, difficult for the public sector to control. If true, a long run strategy that seeks to control expenditures by increasing the fraction of health spending under government control is more likely to increase expenditures than reduce them.

via Government Health Spending Growth Outstrips Private Sector Growth in Both the UK and the US | Health Policy Blog | NCPA.org.