Publications -- Health

BA #575 – Medicare: Negotiated Drug Prices May Not Lower Costs

Rep. Nancy Pelosi has promised that within its first 100 hours the Democrat-controlled House will repeal the ban preventing Medicare from negotiating directly with pharmaceutical companies. She must expect this legislation to bring down drug prices dramatically. However, it is not obvious that allowing the government to negotiate with pharmaceutical companies will lead to lower prices than those achieved by private drug plans. There are several good reasons why not.

ST #293 – Shopping for Drugs: 2007

Patients are increasingly being given the opportunity and responsibility to manage their own health care dollars. 

ST #290 – How Generous Are Social Security and Medicare?

Without changes, Social Security and Medicare will grow relative to the earnings and compensation of the workers who fund the programs. Further, the rate at which these entitlement benefits replace preretirement earnings of successive cohorts of retirees will rise. By the time today's teenagers retire, net Medicare and Social Security benefits will rival their average preretirement price-indexed wages.

ST #288 – Opportunities for State Medicaid Reform

Medicaid, the joint federal-state health care program for the poor and near poor, is the largest single expenditure by state governments today. At the rate the program is growing, it is on a course to consume the entire budgets of state governments in just a few decades.

BA #572 – Update 2006: Why Are Health Costs Rising?

Prices for medical services have been rising faster than prices of other goods and services for as long as anyone can remember. But not all health care prices are rising.

BA #569 – Will Mandatory Health Insurance Work?

The latest fad among Republicans is enforcing "personal responsibility" by requiring individuals to buy health insurance. It was enshrined in the recent Massachusetts health reform law, proudly signed by Gov. Mitt Romney and endorsed by a number of conservative, and even libertarian, organizations.

BA #568 – Crisis of the Uninsured: 2006 Update

Despite claims that there is a health insurance crisis in the United States, the proportion of Americans without health coverage has changed little in the past decade. The increase in the number of uninsured is largely due to immigration and population growth.

BA #566 – Federal Medicaid Funding Reform

Medicaid is a joint federal-state health care program, primarily for the poor. At the federal level, Medicaid is an entitlement, implying that each enrollee has a right to benefits, regardless of the state in which he or she resides. However, federal funds are not distributed equally.

BA #565 – Saving Health Insurance from the Minimum Wage

Political support is growing in Congress for another increase in the federal minimum wage. A bill now under consideration would raise the minimum hourly wage from $5.15 to $7.25 over the next two years. According to the Economic Policy Institute, an estimated 6.6 million workers currently earn less than $7.25, and a total of 14.9 million workers would be affected by 2008.

ST #286 – Health Care Spending: What the Future Will Look Like

The United States has very meager spending controls. If current trends continue, U.S. government health care spending will consume an ever growing portion of national income — far more so than any other developed country.