Medicare is an emotionally charged program because it provides health insurance coverage for the elderly. But Medicaid covers America’s poor and disabled—and no one wants to see them harmed, either. However, like Medicare, Medicaid is also in desperate need of reform if it is to continue serving the people it …
The House Ways and Means Subcommittee on Health held a hearing last Friday to discuss the bipartisan effort behind competing premium support plans. These plans would restructure traditional Medicare and guarantee its fiscal stability in the future. As Chairman Wally Herger (R–CA) said: Unless Congress acts, the Medicare program that …
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 …
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 …
Earlier this week in New Hampshire, Republican presidential candidates touted the benefits of a Medicare premium support system — the approach to entitlement reform embraced by House Budget Chairman Paul Ryan (R-WI) and The Heritage Foundation. Ryan’s recent partnership with Sen. Ron Wyden (D-OR) helped thrust the idea of premium …
Medicare is in dire need of reform. This week’s chart illustrates why the entitlement program is the largest driver of long-term runaway deficits. With the country’s population aging and increasingly dependent on health care, Medicare’s cost to taxpayers is projected to rise from $522.8 billion in 2010 to $932 billion …
Congressman Paul Ryan (R–WI) and Senator Ron Wyden (D–OR) have proposed a new bipartisan framework for structural Medicare reform. It continues the conversation with the American people on a solution to save the popular but financially troubled entitlement program. While there are differences between the proposal and the Heritage plan …
The big three entitlement programs—Medicare, Medicaid, and Social Security—promise to increase federal spending to unprecedented and unaffordable levels in coming years. Medicare in particular represents trillions in unfunded obligations, and only bold reforms can restore long-term sustainability to the program. In his recently released budget, House Budget Committee Chairman Paul …
