Tag Archives: Health Care Reform

Dean of Harvard Medical School gives health care bill a failing grade

Story from the Wall Street Journal, by the Dean of Harvard Medical School Jeffrey S. Flier.

Excerpt:

As the dean of Harvard Medical School I am frequently asked to comment on the health-reform debate. I’d give it a failing grade.

[…]Speeches and news reports can lead you to believe that proposed congressional legislation would tackle the problems of cost, access and quality. But that’s not true. The various bills do deal with access by expanding Medicaid and mandating subsidized insurance at substantial cost—and thus addresses an important social goal. However, there are no provisions to substantively control the growth of costs or raise the quality of care. So the overall effort will fail to qualify as reform.

In discussions with dozens of health-care leaders and economists, I find near unanimity of opinion that, whatever its shape, the final legislation that will emerge from Congress will markedly accelerate national health-care spending rather than restrain it. Likewise, nearly all agree that the legislation would do little or nothing to improve quality or change health-care’s dysfunctional delivery system. The system we have now promotes fragmented care and makes it more difficult than it should be to assess outcomes and patient satisfaction. The true costs of health care are disguised, competition based on price and quality are almost impossible, and patients lose their ability to be the ultimate judges of value.

Worse, currently proposed federal legislation would undermine any potential for real innovation in insurance and the provision of care. It would do so by overregulating the health-care system in the service of special interests such as insurance companies, hospitals, professional organizations and pharmaceutical companies, rather than the patients who should be our primary concern.

In effect, while the legislation would enhance access to insurance, the trade-off would be an accelerated crisis of health-care costs and perpetuation of the current dysfunctional system—now with many more participants. This will make an eventual solution even more difficult. Ultimately, our capacity to innovate and develop new therapies would suffer most of all.

In order to have an economy recover, you need people running government who actually understand health care and economics. My lunch-time book is Regina Hertzlinger’s “Who Killed Health Care?”. Regina teaches at Harvard University, as well. She talks about how we need to lower costs and improve quality by introduce elements of choice and competition. Her plan is similar to the Republican’s Patient’s Choice Act. Consumer-Driven health care is the right solution to the problem of rising health care costs. Obama’s plan just adds fuel to the fire.

The right way to reform health care without sacrificing liberty

Consumer-driven health care:

Health Care: Fostering Focus Factories
with Dr. Regina Hertzlinger
(8:46)

Choice, Competition Should Drive Health Care Reform
with Dr. Michael D. Tanner
(5:21)

The Republican Plan (“Patient Choice Act”) is consumer-driven:

Obama’s False Health Care Choice
with Rep. Paul Ryan
(10:39)

Ideas for Free-Market Health Care Reform
with Rep. Paul Ryan
(8:30)

What’s wrong with Obamacare, Medicare, RomneyCare and CanadaCare:

Competing with the Government
with Dr. Michael F. Cannon
(7:34)

Medicare: A Model for Reform?
with Dr. Michael D. Tanner
(4:34)

Lessons from Massachusetts Health Care Reform
with Dr. Michael D. Tanner
(4:18)

The Canadian Health Care Experience
with Sally C. Pipes
(7:45)

Puncturing the Myths of American Health Care
with Sally C. Pipes
(about 8 minutes)

Washington Post: Democrat health care reform bill would reduce senior care

Story here from the left-wing WaPo.

Excerpt:

A plan to slash more than $500 billion from future Medicare spending — one of the biggest sources of funding for President Obama’s proposed overhaul of the nation’s health-care system — would sharply reduce benefits for some senior citizens and could jeopardize access to care for millions of others, according to a government evaluation released Saturday.

[…]…the report questions whether the country’s network of doctors and hospitals would be able to cope with the effects of a reform package expected to add more than 30 million people to the ranks of the insured, many of them through Medicaid, the public health program for the poor.

In the face of greatly increased demand for services, providers are likely to charge higher fees or take patients with better-paying private insurance over Medicaid recipients, “exacerbating existing access problems” in that program, according to the report from Richard S. Foster of the Centers for Medicare and Medicaid Services.

[…]The report offers the clearest and most authoritative assessment to date of the effect that Democratic health reform proposals would have on Medicare and Medicaid, the nation’s largest public health programs.

Seniors voted 53 to 45 in favor of McCain over Obama.

Why Obama’s public option health care plan is a bad deal for young adults

This podcast explains how Obama’s health care reform bill would require young people to buy insurance, while simultaneously preventing medical insurers from reducing their premium amounts in accordance with the lower health risks of young people.

The MP3 file is here.

The guest being interviewed is Aaron Yelowitz.

Bio excerpt:

  • Ph.D., Massachusetts Institute of Technology, Economics, 1994.
  • B.A., High Honors, University of California, Santa Barbara, Business Economics, 1990.
  • Department of Economics, University of Kentucky, Associate Professor, July 1, 2001-present.
  • Associate Editor, Journal of Public Economics, January 2004-present.

And you can read the paper that is being discussed in the podcast.

Excerpt from the abstract:

One of the most interesting questions about the health care overhaul now moving through Congress is how it would affect young adults. That legislation would force most or all Americans to purchase health insurance (an “individual mandate”) and would impose price controls on health insurance (“community rating”) that would limit insurers’ ability to offer lower premiums to low-risk enrollees.

Those provisions would drive premiums down for 55-year-olds but would drive them up for 25-year-olds—who are then implicitly subsidizing older adults. According to the Urban Institute, many young people could see their premiums double, whereas premiums for older adults could be cut in half.

[…]The irony is that Barack Obama won the presidency with 66 percent of the vote among adults aged 18 to 29. That’s a larger share than any presidential candidate has won in decades. Yet his health care overhaul could impose its greatest burdens on young adults.

This reminds me of young unmarried women voting overwhelmingly against marriage and family by electing big government socialists like Obama. This is not to even mention the 10.2% unemployment rate, which is worse for younger workers, as well as the massive national debt that will have to be paid for by young people. Why is that young people are so ignorant of economics that they vote against their own best interests?

Note: The Obama health care plan is also a bad deal for elderly patients on Medicare, since he is cutting 500 billion dollars from Medicare.