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    Medicare Needs a Budget and Structural Reform

    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 … More

    Junk the Medicare Physician Payment Formula

    In January 2012, Medicare physicians face a 27.4 percent cut in their payment for treating senior and disabled citizens. Congress, as it has routinely since 2003, is feverishly preparing legislation to stop its own goofy Medicare payment formula from going into effect. If they don’t succeed this year, seniors can … More

    Online Chat on Obamacare and Medicare Reform

    Click here to join us right now for our “Lunch with Heritage” chat with Health Policy Analyst Kate Nix. The Obama Administration recently said that part of Obamacare, the CLASS Act, would no longer go into effect. Also, in a speech at Heritage yesterday, Paul Ryan mentioned the need to reform … More

    Immediate Medicare Reforms Could Slash Nation's Debt

    When it comes to the super-committee’s duty to reform Medicare, you’ll likely to hear the same tired and unsuccessful methods for lowering Medicare’s soaring costs: raising taxes, manipulating payment formulas, or making even deeper payment cuts to doctors and hospitals. The best way to reform Medicare is transform it into … More

    The Video AARP Hasn't Made: Medicare's Need for Structural Reform

    Medicare—on its current path—cannot be sustained. At a recent hearing held by the Senate Special Committee on Aging, Ranking Member Senator Bob Corker (R–TN) stressed the importance of Medicare reform. According to Corker, in 2011, “The U.S. spent $572 billion on Medicare, and spending is projected to increase to $1 … More

    Super Committee Health Goals Need Sound Policy

    If the goal is producing $1.2 trillion to $1.5 trillion in 10-year savings, the Joint Select Committee on Deficit Reduction must think big and produce recommendations with real substance. Nothing could be truer than dealing with the health care savings component. Typically, these negotiations are so focused on reaching the savings … More

    AARP: Don't Pinch-Hit Cutting Waste for Entitlement Reform

    In its latest video railing against reform of Medicare and Social Security, AARP pushes for a pinch hitter to solve Washington’s spending problem—and a poor one at that. The organization charges Congress to cut wasteful spending and close tax loopholes instead of reducing Medicare and Social Security benefits. Once again, … More

    Washington in a Flash: Same Old, Same Old in Obama's Deficit Plan

    Driving the conversation: President Obama released his deficit reduction plan on Monday, which would reduce the national debt by $3 trillion over ten years through a variety of tax hikes, superficial cuts to Medicare and Medicaid, and by incorporating savings gleaned from drawing down America’s military presence in the Middle … More

    Census Numbers: The Trend Toward Government Coverage Continues

    In its yearly survey of health insurance coverage, the U.S. Census Bureau published figures that underscore the trend toward greater dependence on government for coverage. The percentage of Americans on government health programs continues to grow, while employer-based coverage continues to decline. According to the latest Census report, 31 percent … More

    Chart of the Week: How Social Security Is Contributing to the Spending Crisis

    Last week’s presidential debate at the Reagan Library elevated Social Security as a national issue that could reshape the 2012 campaign. Candidates spent the week trading blows about the role of the 76-year-old social insurance program. Leaving aside the political rhetoric, one thing is certain: Social Security needs to be … More