Medicare is getting quite a bit of attention lately. And rightly so. Out-of-control entitlement spending contributes directly to long-term federal deficits, which will accelerate over the course of the next few decades, according to Heritage’s Federal Budget in Pictures and figures provided by the Congressional Budget Office. By 2030, Medicare …
Entering the final stretch of the presidential contest, Americans are facing a monumental choice. The American people will decide the direction of government and its role in their lives for the coming years. The debate in Tampa this week raised a number of issues, including preserving the American dream of …
The rhetorical Medicare wars have heated up this week, after President Obama declared in his Saturday radio address that his proposed reforms “won’t touch your guaranteed Medicare benefits. Not by a single dime.” This is incorrect. Obamacare cuts $716 billion from Medicare over the next 10 years, according to the …
The looming unsustainability of the big three entitlement spending programs—Medicare, Medicaid, and Social Security—is not inevitable, but in order to avoid the catastrophic effects of consuming every bit of tax revenue in just one generation, reform is a necessity. Take a look at Medicare, the largest portion of the projected …
In a recent paper, Heritage expert Bob Moffit responds to the critics of the premium-support model for Medicare. This type of reform would give seniors a defined government contribution toward the cost of a Medicare plan of their choice. All plans would compete against each other to deliver market-based prices …
Looking for some straight facts on Obamacare and its impact? Here are some of the most important numbers you need to know about President Obama’s health law: 20 million. The Congressional Budget Office (CBO) projects that as many as 20 million Americans could no longer have their current employer-based health …
Last week, the Government Accountability Office (GAO) sent a letter to Secretary of Health and Human Services (HHS) Kathleen Sebelius raising questions over her legal authority to spend $8.3 billion on a quality bonus payment demonstration for Medicare Advantage (MA) plans. The demo was the most expensive project ever undertaken …
Yesterday, House Minority Leader Nancy Pelosi (D-CA) almost called Obamacare’s individual mandate a tax, stopping mid-word to call it a “penalty”. White House Chief of Staff Jack Lew and other spokespersons echoed this talking point. This is in spite of last week’s Supreme Court ruling that deemed the mandate unconstitutional under both …