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Medical debt – Page 2 – Pacific Research Institute

Medical debt

Commentary

The Ultimate Price Of Government Price Controls

Democrats have nudged the U.S. healthcare system closer to Canadian-style socialism with their recently signed, and dubiously named, Inflation Reduction Act. The IRA will impose a collection of price caps on prescription drugs. Canada has long forcibly controlled drug prices—and thereby deprived patients of access to cutting-edge care. The story ...
Commentary

There’s no epidemic of medical bankruptcy

An estimated 100 million Americans have healthcare debt, according to polling released this month by the Kaiser Family Foundation. The problem is so dire, Kaiser says, that it’s pushing millions of people out of their homes or into bankruptcy. But a closer look at the data reveals that medical debt, while burdensome ...
Blog

Dysfunctional Department Store Demonstrate Health Care Hoodwinks

Recently, a storewide sale sign lured me into a local department store. I meandered the aisles until I found a birthday gift for my toddler: a cute magnetic fishing pole toy. But to my surprise, I couldn’t find the item’s price anywhere. Not on the box, not on the shelf. ...
Commentary

A bankrupt argument for single-payer health care

Are Americans going bankrupt because of medical debt? Leading progressives seem to think so. Sen. Bernie Sanders, I-Vt., recently called for all medical debt to be canceled. “‘Medical debt’ and ‘Medical bankruptcy’ are two phrases that should not exist in the United States of America,” he said after the major ...
Featured

NEW BRIEF: Broken System Imposes Higher Out-of-Pocket Costs on Patients, Puts Interests of Government and Insurers First

America’s broken third-party healthcare payment system prioritizes government and insurance companies as the largest payers, leaving patients with higher out-of-pocket costs, greater exposure to healthcare financial risk, and reduced access to care – finds the latest paper in the Coverage Denied series released today by the Center for Medical Economics ...
Commentary

Don’t Believe the ‘Medical Bankruptcy’ Narrative

Americans collectively have about $140 billion in outstanding medical debts, according to a recent study published by the Journal of the American Medical Association. Those hefty bills are driving many people into bankruptcy – at least according to prominent progressives. Left-wing leaders have long stoked fears of “medical bankruptcy” to ...
Commentary

Some hospitals are charging 2 or 3 times more than the one next door

Imagine you’re a mom-to-be from Roxbury Township, looking to schedule a cesarean section. You’re halfway between Morristown Medical Center and Newton Medical Center. The listed price at Morristown — the top-ranked hospital in the state — is $24,927. At Newton, it’s nearly three times as much — $66,091. Price discrepancies like these are ...
Featured

New PRI Series to Show How Flawed U.S. Health Insurance System Inflates Costs, Decreases Quality and Reduces Health Outcomes

Addressing the ongoing problems with the U.S. health insurance system, the Center for Medical Economics and Innovation at the nonpartisan Pacific Research Institute today announced the release of the first paper in the Coverage Denied series, which will analyze and propose reforms to fix the problems in the current system ...
Commentary

Bernie’s Math Problem

Anyone in earshot of a television set, or a smart phone, is undoubtedly aware that the undisputed front-runner in the Democratic Primary wants to spend more money – a lot of it. And, while these policies are economically flawed, Senator Sanders also has a fundamental math problem. Reviewing his website, there ...
Commentary

Obamacare’s Partisans Complain about High Premiums but Oppose Solution

Exchange plan premiums will rise an average of 15 percent next year, according to a Congressional Budget Office analysis released this past Wednesday. Congressional Democrats blamed the president. Sen. Mark Warner, D-Va., tweeted that the rate hike is “largely due to Trump Administration sabotage of the health insurance market.” Senate ...
Commentary

The Ultimate Price Of Government Price Controls

Democrats have nudged the U.S. healthcare system closer to Canadian-style socialism with their recently signed, and dubiously named, Inflation Reduction Act. The IRA will impose a collection of price caps on prescription drugs. Canada has long forcibly controlled drug prices—and thereby deprived patients of access to cutting-edge care. The story ...
Commentary

There’s no epidemic of medical bankruptcy

An estimated 100 million Americans have healthcare debt, according to polling released this month by the Kaiser Family Foundation. The problem is so dire, Kaiser says, that it’s pushing millions of people out of their homes or into bankruptcy. But a closer look at the data reveals that medical debt, while burdensome ...
Blog

Dysfunctional Department Store Demonstrate Health Care Hoodwinks

Recently, a storewide sale sign lured me into a local department store. I meandered the aisles until I found a birthday gift for my toddler: a cute magnetic fishing pole toy. But to my surprise, I couldn’t find the item’s price anywhere. Not on the box, not on the shelf. ...
Commentary

A bankrupt argument for single-payer health care

Are Americans going bankrupt because of medical debt? Leading progressives seem to think so. Sen. Bernie Sanders, I-Vt., recently called for all medical debt to be canceled. “‘Medical debt’ and ‘Medical bankruptcy’ are two phrases that should not exist in the United States of America,” he said after the major ...
Featured

NEW BRIEF: Broken System Imposes Higher Out-of-Pocket Costs on Patients, Puts Interests of Government and Insurers First

America’s broken third-party healthcare payment system prioritizes government and insurance companies as the largest payers, leaving patients with higher out-of-pocket costs, greater exposure to healthcare financial risk, and reduced access to care – finds the latest paper in the Coverage Denied series released today by the Center for Medical Economics ...
Commentary

Don’t Believe the ‘Medical Bankruptcy’ Narrative

Americans collectively have about $140 billion in outstanding medical debts, according to a recent study published by the Journal of the American Medical Association. Those hefty bills are driving many people into bankruptcy – at least according to prominent progressives. Left-wing leaders have long stoked fears of “medical bankruptcy” to ...
Commentary

Some hospitals are charging 2 or 3 times more than the one next door

Imagine you’re a mom-to-be from Roxbury Township, looking to schedule a cesarean section. You’re halfway between Morristown Medical Center and Newton Medical Center. The listed price at Morristown — the top-ranked hospital in the state — is $24,927. At Newton, it’s nearly three times as much — $66,091. Price discrepancies like these are ...
Featured

New PRI Series to Show How Flawed U.S. Health Insurance System Inflates Costs, Decreases Quality and Reduces Health Outcomes

Addressing the ongoing problems with the U.S. health insurance system, the Center for Medical Economics and Innovation at the nonpartisan Pacific Research Institute today announced the release of the first paper in the Coverage Denied series, which will analyze and propose reforms to fix the problems in the current system ...
Commentary

Bernie’s Math Problem

Anyone in earshot of a television set, or a smart phone, is undoubtedly aware that the undisputed front-runner in the Democratic Primary wants to spend more money – a lot of it. And, while these policies are economically flawed, Senator Sanders also has a fundamental math problem. Reviewing his website, there ...
Commentary

Obamacare’s Partisans Complain about High Premiums but Oppose Solution

Exchange plan premiums will rise an average of 15 percent next year, according to a Congressional Budget Office analysis released this past Wednesday. Congressional Democrats blamed the president. Sen. Mark Warner, D-Va., tweeted that the rate hike is “largely due to Trump Administration sabotage of the health insurance market.” Senate ...
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