Daily Policy Digest
|Can Consumers Be Smart Health-Care Shoppers?
Patients are told they need to take greater control over their care. But are laypeople capable of sifting through all their choices to make the right decisions -- particularly when it comes to costs?, asks NCPA Senior Fellow Devon Herrick...
|Advice to the New FDA Commissioner
Despite advances in information technology, the number of years it takes to approve a drug has about doubled every decade, writes NCPA Senior Fellow Devon Herrick...
|Playing the (Bad) Hand You're Dealt: Prop Up Obamacare or Kill It?
The Affordable Care Act (ACA) was predicated on what is sometimes referred to as a three-legged stool. If any one of the legs breaks or is removed, the stool topples along with anyone using it. The first leg is insurance regulations that guarantee everyone access to coverage regardless of pre-existing conditions. In addition, premiums cannot vary by health risk, writes NCPA Senior Fellow Devon Herrick...
|The Trump Administration’s Attempt to Slow Obamacare’s Collapse through Rulemaking
Obamacare is enrolling too many sick people and too few healthy ones to prevent a death spiral. The Centers for Medicare & Medicaid Services (CMS), a unit of the U.S. Department of Health & Human Services (HHS), has proposed a new rule to stabilize the Obamacare markets for individual health insurance. This was the first rule issued since Dr. Tom Price was appointed HHS secretary. The proposed Market Stabilization rule includes a number of measures to prevent people from entering the market when sick and exiting when healthy, writes NCPA Senior Fellow John R. Graham...
|Obamacare Repeal & Replace 2.0: Where Do We Go from Here?
Passage of the AHCA (the Obamacare repeal bill) would have resulted in numerous benefits –-- getting rid of the individual and employer mandates, stopping the open-ended exchange subsidies and the huge expansion of Medicaid that will bankrupt America over time, are but a few, writes NCPA Senior Fellow Devon Herrick for Townhall.
|Third-Party Payment is the Root Cause of Health System Dysfunction
It's a fundamental economic truth that too much health insurance actually increases costs. That is why other types of insurance—think of car accidents or warehouse fires -- only cover catastrophic costs. The full cost impact of our over reliance on health insurance, provided by both government and private insurers, is staggering, writes NCPA Senior Fellow John R. Graham...
|California Single-Payer Bill Looks Backward, Not Forward to New Era of Patient Choice
The California state legislature is considering yet another bill to impose a so-called single-payer, government monopoly, health care system. This has long been an obsession of the militant California Nurses' Union, because a health system under total government control would suit the narrow interests of union leaders. They would accrue power similar to that wielded by other public-sector unions and might even be able to negotiate contracts similar to those enjoyed by state and local employees, which are driving public finances across the state into the ditch, writes NCPA Senior Fellow John R. Graham...
|The Logic-Defying CBO Obamacare Replacement Score Breaks Its Own Rules, among Other Problems
Dr. Tom Price, the U.S. Secretary of Health & Human Services, has said the Congressional Budget Office's recent "score" of the Republican Obamacare replacement bill defies logic. Even worse, it defies the very rules which govern the CBO, writes NCPA Senior Fellow John R. Graham...
|Veterans Health Administration Realizes it Should Buy, Not Build, Software
For decades, the Veterans Health Administration has made and maintained its owns Electronic Health Record (EHR). It makes as little sense as a health system manufacturing its own MRI machines. Finally, the new VA Secretary has confirmed he will throw in the towel on the VA's home-brew system, VISTA, and buy a commercial EHR, writes NCPA Senior Fellow John R. Graham...
|The "Troubles" with Pharmacy Benefit Managers
If markets are competitive, there is little need to regulate PBM practices, writes NCPA Senior Fellow Thomas Hemphill in Cato's Regulation Magazine...