The number of health care administrators employed by hospitals and large medical practices in the U.S. has soared by approximately 500 percent since the passage of the Affordable Care Act,[…]
The Obama administration just announced it will be shifting how it pays doctors under Medicare, seeking to reward “value” instead of “volume.” For a variety of reasons, this is likely to be yet another fiasco, with elderly patients and taxpayers falling victim to the dreams of central planners.
For several years, the Obama administration has been touting accountable care organizations (ACOs) as a big part of its proposed solution to rising health care costs, particularly in Medicare. Early results suggest yet another disconnect between the promise and the reality.
On August 6, 2014, Sean Parnell did a presentation about his new book, The Self-Pay Patient: Affordable Healthcare Choices in the Age of Obamacare as a part of The Heartland Institute’s Author Series. During the presentation, Parnell explained why he wrote the book, what it means to be a self-pay patient, why one might want to be a self-pay patient, and what the book means for the free-market healthcare movement.
That is what our system needs. Not third-party payers who know they can always raise premiums to cover these ridiculous costs so never bother to argue, but engaged (and sometimes enraged) consumers who refuse to be treated like patsies.
Anecdote isn’t the singular of data. But it’s not an exaggeration to say the political success or failure of Obamacare’s model hinges on whether or not young and healthy people behave the same way as I did.
Republican governors are following the script of Obama and Clinton in their campaign strategy for the Medicaid expansion that is needed to implement ObamaCare: The cast of earnest white coats and[…]