Contra the Deficit Scolds, We Can Keep Medicare and Medicaid Strong Simply By Keeping Them Intact

By: Wednesday November 28, 2012 3:16 pm

This diatribe bestowed upon Rep. Raul Grijalva on CNBC, which has become Fiscal Cliff TV, is really priceless, with the anchor accusing Grijalva of tanking the market because he refuses to cut benefits for poor people and seniors. The means testing angle is really a joke here, too. Medicare is already means-tested. To means-test it more, in a way that will actually capture enough revenue to matter, you would have to dip into the middle class to make the math work. Similarly, this idea that this is the “wealthiest generation of retirees in history,” when they just suffered a financial crisis and the stripping of their wealth right before their retirements, is ridiculous.

In reality, we cannot be secure enough in the long-term projections about Medicare and Medicaid to take a hacksaw to the benefits today.

 

Republican Innumeracy and Half-Universal Health Care

By: Thursday March 15, 2012 4:00 pm

Republican innumeracy basically explains half of their policy prescriptions, but as these things go, this is a pretty good one.

The short story is this. The 2010 Affordable Care Act carried a price tag of $940 billion over ten years. This was mainly accomplished by delaying the implementation until 2014 to keep the 10-year budget window costs artificially low. Given how public opinion has lagged on the law, I’m guessing some Democrats would want that decision back.

Slower Medicare Growth Implies Superior Aspects of Single-Payer Systems

By: Monday March 12, 2012 2:28 pm

Mitt Romney turned 65 today, and he celebrated by putting out a misleading memo about Medicare that claims President Obama’s policies, rather than the GOP’s, would end Medicare as we know it, because it will be bankrupt. Actually, the trend of Medicare costs is falling, relative to private insurance, and the cost control board adopted in the ACA hasn’t even started yet, because the GOP won’t approve any board nominees.

Global Payment So Far Fails to Control Health Care Costs in Massachusetts

By: Thursday June 23, 2011 2:30 pm

Massachusetts Attorney General Martha Coakley has released a new report that indicates Gov. Deval Patrick’s goal of controlling health care cost by moving the state towards a global payment method is unlikely to product real savings

Former Obama Aide David Cutler Ignores Proven Cost Control Ideas to Inflate Grade on President’s Health Care Plan

By: Wednesday March 10, 2010 8:01 am

It seems that President Obama’s former senior health-care adviser, David Cutler, is following in the proud tradition of Jonathan Gruber by conveniently ignoring potentially huge cost-saving ideas to make Obama’s health care proposal sound better than it really is.

President Obama Lies About Health Care Reform Cost Control

By: Tuesday December 15, 2009 1:15 pm

What makes his lie so unbelievable is that Obama’s administration is right now fighting against one of the biggest cost control ideas that the president previously claimed to support. His administration is working to kill Dorgan’s drug re-importation amendment.

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