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The Goodman Institute Health Blog

Friday Wrap Up

Posted on August 12, 2022August 11, 2022 by John C. Goodman

President Biden listens to Senate Majority Leader Chuck Schumer before signing the Chips Act at the White House, Aug. 9.

PHOTO: EVAN VUCCI/ASSOCIATED PRESS



Reminds me of Augustine’s prayer about chastity

Part of the problem is that some of the bill’s promised price cuts don’t kick in for years. Killing the 5% coinsurance for Medicare recipients with catastrophic prescription drug coverage? Doesn’t start until 2024. A $2,000 cap on Part D out-of-pocket payments? Not until 2025. Price controls on Medicare drugs? They start in 2026 with only 10 high-cost drugs that lack generic competition. It’s hard to imagine voters will be swayed by these far-off policies as they struggle today.

Karl Rove in the WSJ

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For many years, our health care blog was the only free enterprise health policy blog on the internet. Then, when the NCPA closed its doors, the health blog stopped as well.

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