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  • Medicare Part D

    The Obama Administration's About-Face on Medicare

    The Obama administration seems determined not to rock the boat before the midterm congressional election this fall. It’s already delayed Obamacare mandates that could cause outrage. Now it has stopped proposed Medicare changes that weren’t even part of Obamacare—and with good reason. The administration had proposed new rules for seniors’ … More

    Obamacare Provision Costing 32 Percent More Than Projected

    An Obamacare provision is costing taxpayers 32 percent more than it was projected to. The provision in Obamacare that gradually reduces seniors’ out-of-pocket costs in the congressionally created coverage gap (commonly referred to as the “donut hole”) in Medicare Part D was projected by the Congressional Budget Office (CBO) to … More

    Why Is Obama Needlessly Scaring Seniors?

    Apparently things aren’t ugly enough in Washington, so President Obama has started scaring senior citizens. “In a government shutdown, Social Security checks still go out on time,” he said last week. “In an economic shutdown, if we don’t raise the debt ceiling, they don’t go out on time.” This scaremongering … More

    The Washington Post Agrees: It’s Time to Make a Down Payment on Medicare Reform

    The editorial board of The Washington Post, no organ of conservative opinion, is absolutely right: “Medicare as we know it is not sustainable,” and the “ultimate solution” is structural reform. Bingo. The right structural reform is to expand Medicare’s defined-contribution financing (routinely called “premium support”) as it broadly exists today … More

    Morning Bell: 13 Tax Increases in 2013

    New Year’s Day was tough for taxpayers. Thirteen tax increases kicked in. The deal that Congress and President Obama struck that finally—but only partially—avoided the fiscal cliff resulted in seven tax increases. Those hikes combined with six tax increases from Obamacare that also began on New Year’s Day. 13 Tax … More

    Kaiser Study on Medicare Assumes Seniors Don't Like Lower Prices

    The Kaiser Family Foundation just released a study that grossly misrepresents the premium-support model of Medicare reform and apparently misunderstands normal market dynamics and the differences between efficiency, choice, and higher premiums. The Kaiser study assumes that an entire class of Americans—senior citizens—is insensitive to price. In reality, seniors are … More

    Ezra Klein's F on Medicare Part D

    At the time of its enactment in 2003, the Medicare drug benefit—known as Medicare Part D—had many critics. Some said the program, which is built on consumer choice and vigorous competition among private plan options, wouldn’t work because private plans would decline to participate. Others said seniors wouldn’t sign up … More

    Medicare Entitlement Crowd Out: We Told You So

    Any time Congress creates a health care entitlement, it “crowds out” (i.e., displaces) private coverage, replacing private sector spending with increased taxpayer spending. The end result: Private spending and coverage contract while government entitlements, dependency, and spending grow. Since the enactment of the Medicare Modernization Act of 2003, many conservatives … More

    The Medicare Bureaucracy: Ready To Disrupt Seniors’ Drug Coverage

    “If you like your health care plan you can keep it.”  This was a mantra from President Obama throughout the health care debate.  The President also promised that his health care overhaul would not affect seniors’ benefits. But, despite all the promises, a new report from Avalere Health shows that, … More

    Karl Rove: Repealing Obamacare Will Be Easier If Congress Skirts Normal Process

    “Deeming” and “reconciliation” are hardly household words, but for the next week Americans will come to know them as key procedural maneuvers that could push Obamacare across the finish line. But while they might deliver a bill to President Obama’s desk, they will also make it easier to repeal the … More