Medicare reform is coming soon; it has to if the program is going to survive. As budget expert J. D. Foster writes, “Medicare reform is inevitable because its demands on the federal budget are unsustainable.” The Congressional Budget Office projects that by 2022, Medicare spending will exceed $1 trillion—almost 90 …
Senators Richard Burr (R–NC) and Tom Coburn (R–OK) have just unveiled a bold Medicare reform proposal based on the free-market forces of choice and competition. The Senators’ proposal adds further momentum to the effort to reform and improve America’s largest and most challenging entitlement program. “Premium support” is at the …
Once again, Congress is scrambling to stop a scheduled 27 percent payment cut to physicians who serve Medicare patients. This frequent exercise serves as a perfect example for the need to move Medicare away from its current price control model toward a market-based, premium support model. Congress should take immediate action …
As budget season approaches, premium support is gaining traction as the only viable option to save Medicare. In a recent Politico article, House Minority Whip Steny Hoyer (D–MD) is quoted as saying liberals will use Obamacare’s new provisions to combat a conservative budget that reforms Medicare using premium support. Hoyer …
The Congressional Budget Office (CBO) released its Budget and Economic Outlook for years 2012 to 2022 yesterday, and as Heritage’s Patrick Knudsen shows, the numbers add up to a dismal fiscal future. As the government continues its fiscal irresponsibility, 2012 will be the fourth straight year of trillion-dollar deficits. This …
Medicare patient Ann Lorenz has relied on the advice and recommendations of her neurologist, Dr. Jeffrey English, since she was first diagnosed with Parkinson’s disease 13 years ago. So the dramatic changes coming to Medicare via the Affordable Care Act—and its potential to limit seniors’ access to care as doctors …
Dark clouds hover over the nation’s finances and threaten a perfect storm of massive debt and crushing taxation unless Congress starts acting—soon. Washington must demonstrate that it is serious about reining in ever-rising spending and reducing annual deficits. Passing commonsense reforms to our major entitlement programs (Medicare, Medicaid, and Social …
