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Have Patience With the Obamacare Train Wreck
Benjamin Domenech... to dwarf what we saw with Medicare Part D by an amount of degrees that I can’t even calculate,” says Nora Eisenhower, who was Pennsylvania’s secretary of aging in 2006 and is now at the National Council on Aging.” And there are more basic problems, too: with Part D, the system already knew where these... ...
Research & Commentary: Proposed Reforms Undermine Medicare Part D’s Success
Heartland Research & Commentary - Matthew Glans Heartland InstituteMedicare Part D, the Medicare prescription drug benefit for... since it was passed in 2003. Medicare Part D was designed to mobilize the market... competitive prices. By almost all accounts, Medicare Part D has been a great success. Under... in 2013, according to The Hill... ...
Congress on Obamacare: Stop This Train Wreck Already
Benjamin Domenech... of Obamacare’s uneasy rollout to Medicare Part D. Yes, Part D’s launch was uneven and had a host of problems. But ultimately those problems were more about delays in prescription drugs – they weren’t about forcing you into whole new insurance plans, they weren’t about surgery or operations, they weren... ...
Defending Part D: Why Are Democrats Attacking the One Successful Part of Medicare?
Sally C. Pipes... com How the Drug Benefit Works Medicare Part D leverages the power of market competition to deliver prescription drug coverage to seniors. Private insurance plans compete with one another for seniors’ business, offering different premiums, deductibles, and levels of drug coverage. Seniors can pick the plan... ...
Kathleen Sebelius’s April Fool’s Joke
Benjamin Domenech... pushing for Medicaid-style “rebates” in Medicare Part D. In essence, this move would force drug companies to reimburse the federal government a preset amount for every drug sold to low-income Part D enrollees. With these rebates in place, investors will face diluted financial incentives to pour capital... ...
Three Years Later, Obamacare Faces Its Biggest Challenge
Benjamin Domenech... instability of the early days of Medicare Part D. We’re not just talking about getting you a drug, keep in mind – we’re talking about births, limbs, surgery, transplants, life and death. That’s one reason Democrats have already shown themselves willing to be far more critical post-2012 . They think this... ...
Medicare Drugs: Why Congress Should Reject Government Price Fixing
Robert E. Moffitt Heritage FoundationMedicare Part D drug prices are currently set by... Medicare enrollees have drug coverage, and Medicare Part D has kept costs remarkably low. U... is excluded from the program. Changing Medicare Part D the way Sen. Klobuchar proposes would gut a program that has exceeded... ...
Obama’s Medicare Part D Changes Undermine Successful Program
James L. Martin... am of course referring to the Medicare Part D prescription drug benefit, and no, that... is not a typo. Thanks to Medicare Part D, Seniors now have access to prescription... held down by the healthy competition Medicare Part D provides. Injecting price controls like those... ...
Whatever Scenario You Use, Obamacare Makes the Deficit Worse
Benjamin Domenech... Turn on Obamacare The Success of Medicare Part D HOW DOES YOUR STATE FARE UNDER... SOURCE: Weekly Standard THE SUCCESS OF MEDICARE PART D Paul Howard on the program and... pharmacy-network plans offer. The result: Medicare Part D has cost more than 30 percent... ...
Arkansas Flips the Script on Medicaid Expansion
Benjamin Domenech... projections – the Part D drug benefit. Medicare Part D leverages the power of market competition to deliver prescription drug coverage to seniors. Private insurance plans compete with one another for seniors’ business, offering different premiums, deductibles, and levels of drug coverage. Seniors can pick... ...
Why Rick Scott's Explanation for Medicaid Expansion Falls Flat
Benjamin Domenech... a lot of the argument for Medicare Part D. I opposed Part D at the time, even though I think the program has worthwhile elements, in large part because I thought Republicans didn’t get enough out of passing it – the HSAs they created were limited in fundamental ways, and have since been gimped even... ...
A Hidden Tax Hike on Seniors
Nicole Kaeding... in the rhetoric of class welfare. Medicare Part D was created in 2006 to allow seniors to purchase prescription drug coverage to support traditional Medicare coverage. The program harnesses the power of the free market by allowing insurance companies to compete for business. Seniors have numerous options... ...
The Incredible Lowering of the Medicare Drug Benefit Baseline
James C. CaprettaThis week, President Obama took credit for the slowdown in health care cost inflation, proclaiming in his State of the Union address that “[a]lready, the Affordable Care Act is helping to slow the growth of health care costs.” This is a real stretch, to say the least. For starters, as others have noted, the slowdown in ...
In The Fight At The Fiscal Cliff, Don't Throw The Valuables Over The Side
Grace-Marie Turner... both taxpayers and seniors money. The Medicare Part D drug program is a rare government... level rebates for drugs used by Medicare Part D beneficiaries who also are eligible for... medications. Simpson-Bowles would treat the Medicare Part D benefit for lower-income seniors... ...
The Medicare Spending Program
Craig Eyermann Independent Institute... of the program via the new Medicare Part D prescription drug coverage program may provide the key to bringing the growth of Medicare spending to sustainable levels through the implementation similar reforms to Medicare’s core health insurance programs. Additionally, more closely linking the program’s expenditures... ...
Debt-driver Medicare Needs Market-based Reforms: Part D better than Democrats’ price-fixing plans
J. Dennis Hastert... because we have done it with Medicare Part D. When I served as Speaker of... its cost estimates for the program. Medicare Part D is now expected to come in 43 percent below the CBO’s initial estimates. Part D is cheaper than expected for seniors, too. Since the program began... ...
Manhattan Moment: Obama and Biden will turn Medicare into Medicaid
Paul Howard... Vice President Biden basically proposed demolishing Medicare Part D, the enormously successful -- and bipartisan -- program... for covering prescription drugs for seniors. Today, Medicare Part D strikes a careful balance between protecting... Compared to initial projections in 2005, Medicare... ...
Seniors’ Opinions About Medicare Rx: 7th Year Update
KRC ResearchKRC Research conducted a telephone survey of a nationally representative sample of 2,363 seniors aged 65 or more between August 31 and September 10, 2012. Ninety percent of survey respondents report being satisfied with their Medicare prescription drug plan. KRC Research found, among other things: Most seniors report being ...
Daniel P. Kessler on Depoliticizing Medicare
Reihan SalamDaniel P. Kessler offers a highly original take on addressing Medicare cost growth in the new National Affairs. His basic diagnosis is that Medicare is a victim of Congressional micromanagement, that both the Independent Payment Advisory Board (IPAB) in the Affordable Care Act and premium support are design to insulate cost ...
Designer of Romney, Obama Health Care Laws Says Premiums Will Increase
Myles Miller... to conduct a study on the Medicare Part D plan. Myles Miller ( miller.myles@gmail.com ) is a reporter with the Daily Caller, from which this article is reprinted with permission. Internet Info: Jonathan Gruber‘s Colorado presentation: http://dailycaller.com/wp-content/uploads/2012/02/Colorado_Gruber_Jan_2012.pdf... ...