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Category: Experts

Medicare’s Bribe to Coax Part D Insurers Not to Raise Their Premiums on the Eve of the Election Will Be Costly For Taxpayers

Posted on October 3, 2024 by John C. Goodman

Yesterday, the nonpartisan Congressional Budget Office (CBO) released its analysis of a newly announced Biden-Harris program intended to paper over the flaws of the so-called “Inflation Reduction Act” (IRA). Based on CBO estimates, this election-year stunt to artificially lower the cost of seniors’ Part D premiums will cost taxpayers at least $7 billion in 2025, including $2 billion in additional interest on our already ballooning debt. If implemented as planned, this program could cost taxpayers more than $21 billion over the three-year demonstration.

Source: House Budget Committee

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David Boaz talks About Patient Power in His Last Interview at Cato

Posted on September 23, 2024 by John C. Goodman

Patient Power was our book that offered a privatization alternative to what ended up against Hillary Care, and Hillary Care was stopped. We didn’t stop at a 700-page book. We did a 120-page version and printed 300,000 copies of that. Then we did a 20-page version. It was a full-court press for discussing these ideas.

Read the interview at cato.org

Book: John C Goodman and Gerald L. Musgrave, Patient Power: Solving America’s Health Care Crisis

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Saturday Links

Posted on September 14, 2024September 13, 2024 by John C. Goodman
  • Sales of dog strollers last year outpaced those of baby strollers for the first time in South Korea – home to the world’s lowest birthrate.(WSJ)
  • How the New York Times stoked Covid alarmism.
  • “Overall, benchmark premiums increased 75 percent between 2014 and 2024—more than 60 percent higher than the premium growth in employer plans during this time.” 
  • Does Joe Stiglitz deserve the blame for thousands of murders and poverty and misery in Venezuela?
  • Taxpayers lose to fraud, fraud and more fraud.
  • Means-tested social-welfare spending totaled $1.6 trillion in 2023, absorbing 72.6% of unobligated general revenue minus Social Security, Medicare and interest payments.
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Friday Links

Posted on September 13, 2024September 13, 2024 by John C. Goodman
  • Conventional wisdom holds that it takes 17 years from medical innovation to adoption in the real-world.
  • Aaron Caroll on the market for prescription drugs.
  • Once applicable to fewer than 500 covered entities, the 340B Program now consists of nearly 13,000 entities, including hospitals, federally qualified health centers (FQHCs), and nearly 30,000 contract pharmacies.
  • Doctors are using problematic race-based algorithms to guide care every day.
  • Census Bureau: real median family income is lower today than it was in 2019.
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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.

During this five-year hiatus no one else has come forward to claim the space. So, my colleagues and I have decided to restart the blog in connection with the Goodman Institute. We invite you and others to use this forum to share your views.

John C. Goodman,

Visit www.goodmaninstitute.org

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