Single-Payer/Medicare-for-All – Page 10 – The Goodman Institute Health Blog

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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Thursday Links

Posted on August 29, 2024August 28, 2024 by John C. Goodman

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House Oversight Committee: PBMs Increase the Drug Costs

Posted on July 25, 2024 by Devon Herrick

I wrote about pharmacy benefit managers (PBMs) extensively in the past. PBMs are the middlemen who manage pharmacy benefits for employee health plans, Medicare, Medicaid and insurance companies. The concept is simple: PBMs leverage buying power to extract discounts from drug makers. These discounts are (in theory) passed on to consumers and health plan clients. PBMs also create drug formularies and adjudicate drug claims.

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Are Medicaid Work Requirements a Success or a Failure? It Depends

Posted on July 17, 2024 by Devon Herrick

Many Red States have proposed to add work requirements to Medicaid eligibility. The Georgia Medicaid program is currently the only state in the nation to have a work requirement as a condition of eligibility, but other states have expressed an interest.

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