Earlier today, the Congressional Budget Office (CBO) released an updated cost estimate for Obamacare that showed that the law will cost less over 10 years than last predicted—because fewer people will be covered. Now, although Obamacare spends more than $1 trillion, CBO predicts it will leave 30 million Americans uninsured, …
In a recent article for MarketWatch, Andrea Coombes writes, “Whatever their opinion of the health-care reform law, wealthy Americans have a lot of money at risk in the Supreme Court’s coming decision on the law’s constitutionality.” Yes, the rich will pay higher taxes under Obamacare. But they aren’t the only …
A study released today by Charles Blahous, one of two public trustees of Medicare and Social Security, once again shows that Obamacare increases federal deficits and significantly worsens the nation’s fiscal outlook. According to the study’s most optimistic scenario, the health law will increase federal spending by $1.16 trillion and …
Earlier this week, the House Energy and Commerce Health Subcommittee moved legislation forward that would repeal one of the most intrusive and unpopular parts of Obamacare: the Independent Payment Advisory Board (IPAB). A board of unelected government officials tasked with finding and implementing ways to control Medicare spending from the …
Grace-Marie Turner, president of the Galen Institute, was among a number of experts who recently convened at The Heritage Foundation on a panel entitled “Beyond the Individual Mandate: Why Obamacare Must Be Repealed.” Turner is one of the authors of Why Obamacare Is Wrong for America, along with James Capretta, …
Last week, the Centers for Medicare and Medicaid Services (CMS) announced that average premiums in Medicare Advantage (MA) for 2012 have fallen by 7 percent, and enrollment has increased by about 10 percent. This is great news for the program, which allows seniors to receive Medicare benefits through a private …
Over the course of the campaign, President Obama repeatedly promised: “If you like your current insurance, you can keep your current insurance”—despite any reforms his Administration would implement. This claim is far from true, as Amy B. Monahan and Daniel Schwarcz illustrate in their 2011 study “Will Employers Undermine Health …
This year, Congress will have to reauthorize the Prescription Drug User Fee Act (PDUFA), which funds the Food and Drug Administration’s (FDA) drug approval process. As noted by Amanda Kronquist, a Heritage Health Policy Graduate Fellow, the FDA drug approval process has become “increasingly unpredictable, uncertain, and inefficient.” The House …
Yesterday, the Administration released data from the 2011 National Health Interview Survey that shows, among other things, that the number of uninsured young adults declined over the last year. In a short press release, the Department of Health and Human Services (HHS) touted this as evidence that Obamacare is working, …
Medicare faces a dismal future that could threaten its very existence. In two recent papers, Stuart Butler, Ph.D., and Robert Moffit, Ph.D. of the new Heritage Center for Policy Innovation analyze the problem and offer detailed solutions on how to reverse course. Butler explains that many objections to Medicare reform …
