New Study: Medicare’s Price Controls Are Fueling America’s Growing Doctor Shortage
The Pacific Research Institute’s Center for Medical Economics and Innovation today released a new issue brief warning that continued federal underpayment of doctors is fueling a looming healthcare crisis by accelerating the nation’s physician shortage and undermining access to care. Written by PRI senior fellow in business and economics and CMEI director Dr. Wayne Winegarden, the brief (titled “It’s Time for Medicare to Stop Shortchanging Physicians”) finds that Medicare reimbursement rates are well below market ...
Most-Favored-Nation Pricing Would Import Europe’s Drug Rationing
President Trump’s State of the Union address featured several promising healthcare ideas. Expanding access to patient-owned health savings accounts and routing federal subsidies through them, rather than through insurance companies, would unleash competition by empowering consumers to spend their healthcare dollars as they see fit. So would stronger price transparency requirements. But one proposal the president continues to champion would move American healthcare in the opposite direction. And that’s his push for “most-favored-nation” drug pricing. ...
Why progressives’ single-payer health care dream would bankrupt California
California progressives’ single-payer health care fever dream is back. This time, the cost could hit half a trillion dollars a year. Single-payer means the government pays, for everything. Several candidates for governor are promising just such a government takeover of the state’s health insurance system. Billionaire Tom Steyer says, “Bernie Sanders was right. We need single-payer health care.” His campaign ads place a single-payer system at the center of his agenda. Betty Yee, Xavier Becerra, ...
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