Tagged: medicare

Bernie has a plan.

Bernie Sanders is going to give us Medicare for All and the “rich” are going to pay for it. What could go wrong?

The Great Society at 50.

Fifty years ago today, President Lyndon Johnson gave a speech at the University of Michigan in which he first proposed what he called the “Great Society.” So what of the Great Society on its 50th birthday? Sadly, there’s little to celebrate.

Lessons from the lowly pencil.

If you centralized pencil making on Capitol Hill, pencils would be of one-tenth the quality at ten times the price – and the only way people would buy them is if the government used its police powers to force them to.

Waiting for “free” health care.

Assuming that the purpose of a health care industry is to prolong and improve human life, legislating away money as the economic mechanism for clearing the market and substituting in its place time is the worst possible allocation of resources.

Paying on both ends.

With the best of intentions, the government has become the driving economic force in both higher education and in health care. In both cases, costs are out of control.

Your doctor’s massive pay cut.

Last week, the Medicare Payment Advisory Commission, MPAC, yet another government panel that you probably didn’t know existed, voted to impose massive payment reductions upon doctors who see patients under Medicare.

Hats off to Paul Ryan.

House Budget Committee chairman Paul Ryan went to a Washington, D.C. tattoo parlor and had a giant target tattooed on his forehead. Or so it is going to seem in the coming weeks.