First published 9/21/11 in The Fiscal Times
President Obama’s populist message on taxes was replicated on the health savings side of his deficit-reduction plan, which would cut spending on Medicare and Medicaid by $320 billion over the next decade and $1 trillion in the following decade.
The bulk of the savings would come from companies that provide goods and services to the programs. Payments to drug companies would be slashed by $135 billion by offering seniors in Medicare the same discounts currently mandated for poor people in Medicaid. An additional $42 billion in program savings would be achieved by reducing payments to nursing homes and home health care agencies.
Continue reading “How Obama Hits Health Providers in Deficit Plan”
First posted 9/20/11 on Citizen Cohn, Jonathan Cohn’s blog at the New Republic site.
The numbers in President Obama’s new plan for health care spending can be confusing, so how about a picture? Or, at least, a pie chart? The terrific one you see comes from Igor Volsky, at Think Progress, and it breaks down the sources of Medicare savings in the deficit reduction package.
Continue reading “Second Opinions on Obama’s Medicare Plans”
EUGENE STEUERLE Originally published 1/17/11 in The Fiscal Times
In today’s world, health reform succeeds only if it goes hand in hand with reasonable budget constraints on health spending. But the debate beginning in the House today isn’t about benefits versus costs. Instead, it’s a winner-take-all spectacle like the Super Bowl. Vote “Yes” or “No” on rescinding recent health legislation. Yes or no on regulating Medicare. Thumbs up or down on the constitutionality of an “individual mandate.” Continue reading “Health Care Brawl: All or Nothing Doesn’t Work”