A Project of Economic Policies for the 21st Century

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National Review Online
James C. Capretta
Thu, 2012-05-10

"No doubt Obamacare’s apologists will try to seize on the Fidelity finding from last year and claim the law is actually good for seniors. It won’t work. America’s seniors already understand that cutting Medicare’s reimbursement rates by $450 billion over a decade isn’t going to be good for their health care. No amount of spin is going to change their minds on that."

Forbes
Avik Roy
Thu, 2012-05-03

"Quinnipiac University is out with a new poll of voters in three key swing states—Florida, Ohio, and Pennsylvania. The headline is that Romney slightly leads Obama in Florida and Ohio, whereas Obama is winning Pennsylvania. But the poll also asked voters if they wanted the Supreme Court to overturn Obamacare, and in all three states, voters said 'yes.'"

The New York Post
Benjamin E. Sasse & Charles Hurt
Mon, 2012-04-23

"The most oppressive aspects of the ObamaCare law don’t kick in until after the 2012 election, when the president will no longer be answerable to voters... But certain voters would surely notice one highly painful part of the law before then — namely, the way it guts the popular Medicare Advantage program… But the administration’s devised a way to postpone the pain one more year, getting Obama past his last election; it plans to spend $8 billion to temporarily restore Medicare Advantage funds so that seniors in key markets don’t lose their trusted insurance program in the middle of Obama’s re-election bid."

James Capretta, e21: Economic Policies for the 21st Century
Tue, 2012-04-17

"In March, the CBO released a new study on employee migration out of job-based plans and into Obamacare’s state exchanges. The effect of ObamaCare on employer-based insurance has been hotly debated ever since the law was enacted in March 2010. Several independent analysts predict that 'dumping' into the exchanges will occur at a much higher rate than CBO assumed in its original estimates of ObamaCare and argued that the result would be much higher federal costs than CBO estimated."

Anna Yukhananov, Reuters
Wed, 2012-04-11

"A majority of young doctors feel pessimistic about the future of the U.S. healthcare system, with the new healthcare law cited as the main reason, according to a survey released to Reuters on Wednesday. Nearly half of the 500 doctors surveyed think the Affordable Care Act, President Barack Obama's signature domestic policy achievement, will have a negative effect on their practices, compared with 23 percent who think it will be positive."

Steven Ertelt, LifeNews
Tue, 2012-05-15

"Franciscan University appears to be the first casualty of the new Obama HHS mandate that requires Catholic colleges, groups and businesses to pay for drugs that may cause abortions and birth control for their employees. Although President Barack Obama declared 'If you like your health care coverage you can keep it,' when it came to passing Obamacare, a Catholic college in Ohio has determined it will no longer offer a student health insurance plan."

David Hogberg, Investor's Business Daily
Mon, 2012-05-14

"The rebates that will go to four-star and higher plans are to be used to provide additional benefits, such as lowering beneficiary premiums or reducing co-pays for doctor visits. Lower-income seniors are, arguably, more in need of those benefits. But not all plans are available in all counties. The report notes that four-star plans are offered in less than 14% of the counties where at least 25% of residents are below the federal poverty level. Thus, poorer Medicare beneficiaries are less likely to have access to the plans that receive the rebates and have better benefits."

The Wall Street Journal
Thu, 2012-05-10

"New Jersey Gov. Chris Christie vetoed legislation on Thursday that would have created a statewide health-care exchange, as allowed under the federal Affordable Care Act. In a message accompanying the expected veto, The Republican governor said he had concerns about a pending U.S. Supreme Court Case against the federal health-care law and how its decision would impact funding for New Jersey."

Sarah Kliff, The Washington Post
Wed, 2012-05-09

"The health reform law changes that: It raises Medicaid rates for primary care to match those of Medicare for 2013 and 2014. That, the Obama administration hopes, will lure doctors to accept Medicaid patients — and also prevent some costly emergency room visits down the line. But there’s a problem: The payment boost runs out at the end of 2014. While the federal government estimates that it will spend $11 billion raising provider rates for 2013 and 2014, no additional federal funds are appropriated beyond that. There’s already some thinking, among the health-care provider community, that a fierce lobbying battle could play out as doctors look to turn a short-term pay boost into a permanent one."

Elise Viebeck, The Hill
Thu, 2012-05-03

"House Republicans attacked the 2010 healthcare law Wednesday for expanding a preventive care grant program that allegedly funded pet spaying and neutering in Tennessee. A statement from Energy and Commerce Committee Republicans also blasted grants they said paid for urban farming initiatives and the improvement of city bike lanes."

Charles Blahous, e21: Economic Policies for the 21st Century
Wed, 2012-04-18

"Last week the Mercatus Center published my study showing that the health care law of 2010 (the ACA) will add at least $340 billion to federal deficits over the next ten years, and more than $1.15 trillion to net federal spending. The study has received a great deal of attention, which has highlighted the need for wider public understanding of federal budget procedures. In this article I will explain some of those budget rules while further substantiating that my basic conclusion is correct."

e21 Staff Editorial, e21: Economic Policies for the 21st Century
Thu, 2012-04-12

"Absent the mandate, ObamaCare will not function as intended because the program’s coverage guarantee and expansion is financed, in part, through cross-subsidies generated by mandating that individuals purchase insurance policies that cost several times more than their expected insurance claims. Defenders of ObamaCare rationalize these compulsory transfers as inherent to “insurance,” which they erroneously present as a system where low-risk policyholders are expected to overpay for their coverage to reduce the cost of the policies for those with predictably high claims."

Kathryn Nix, The Heritage Foundation
Thu, 2012-04-12

"One element of the Patient Protection and Affordable Care Act (PPACA) is the advancement of 'comparative effectiveness research' (CER). Intended to compare available treatment options, CER can benefit patients if used for informational purposes only, but it could also be harmful in practice. The expansion of the Medicare bureaucracy under the PPACA will allow the use of CER for more government micromanagement of personal medical decision making—hurting patients, doctors, and the practice of medicine."

Karen E. Joynt, M.D., M.P.H., & Ashish K. Jha, M.D., M.P.H., The New England Journal of Medicine
Thu, 2012-04-12

"As part of the Affordable Care Act (ACA), Congress directed the Centers for Medicare and Medicaid Services (CMS) to penalize hospitals with 'worse than expected' 30-day readmission rates. This part of the law has stimulated hospitals, professional societies, and independent organizations to invest substantial resources in finding and implementing solutions for the 'readmissions problem.' Although a focus on readmissions may have good face validity, we believe that policymakers' emphasis on 30-day readmissions is misguided, for three reasons."

Nina Owcharenko & Kathryn Nix, The Heritage Foundation
Thu, 2012-03-22

"On its second anniversary, Obamacare remains unpopular. The provisions currently in effect have fallen short of expectations and disrupted the market, causing even greater uncertainty for the future. Overall, Obamacare has increased government control of Americans’ health care choices and limited consumer choice. The recent controversy over the preventive care benefit mandates are a good indication of things to come. The fundamental structure of Obamacare is based on centralizing the financing, delivery, and management of health care, and is completely incompatible with patient-centered, market-based reforms."

Peter Suderman
Reason Magazine’s Hit & Run Blog
Mon, 2012-05-14

"If you’re getting a rebate check from your health insurer, the Obama administration wants to make sure you know where it really came from. Lest no one be confused about the political purpose of the mandatory rebates... Here’s what the notices won’t tell you: Despite the rebates, the existence of the health care overhaul isn’t necessarily ensuring that health insurance customers get a better deal."

Scott Gottlieb
The American
Fri, 2012-05-11

"At issue is a new payment scheme that pays renal doctors a lump sum, or 'bundled payment,' for taking care of dialysis patients. Under the program, the doctors mostly get one fixed payment regardless of how much time they spend with patients, or how many drugs and procedures they use in caring for these folks. These 'bundled payments' are a key feature of the Obama health plan. That legislation uses various forms of capitation to shift financial risk onto providers in a bid to cut down on the use of costly, and some argue wasteful, medical services."

George F. Will
The Washington Post
Thu, 2012-05-10

"In 2010, however, Congress, ravenous for revenue to fund Obamacare, included in the legislation a 2.3 percent tax on gross revenue — which generally amounts to about a 15 percent tax on most manufacturers’ profits — from U.S. sales of medical devices beginning in 2013. This will be piled on top of the 35 percent federal corporate tax, and state and local taxes. The 2.3 percent tax will be a $20 billion blow to an industry that employs more than 400,000, and $20 billion is almost double the industry’s annual investment in research and development."

James C. Capretta
National Review Online
Thu, 2012-05-10

"No doubt Obamacare’s apologists will try to seize on the Fidelity finding from last year and claim the law is actually good for seniors. It won’t work. America’s seniors already understand that cutting Medicare’s reimbursement rates by $450 billion over a decade isn’t going to be good for their health care. No amount of spin is going to change their minds on that."

Scott Gottlieb
Real Clear Markets
Wed, 2012-05-09

"President Obama promised that the brunt of any financial reckoning will fall mostly only on those making more than $250,000 annually. Under his healthcare plan, the economic agony starts at income levels that fall much lower than that. Middle class families take note. A family of four with an aggregate income of more than $88,000 annually or an individual earning around $44,000 could find themselves badly strained by healthcare costs under the Obama plan."

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