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Tuesday, May 17, 2011

Health Care

News                                                                                                                             
Fox News | Critics of Health Care Law Raise Alarm About Medicare Doctor Reimbursements
The latest Medicare report shows tens of trillions of dollars in unfunded promises, but Rick Foster the program's non partisan chief actuary, says it's actually worse than that because the report counted savings from the planned 29 percent cut in doctor's payments.
National Journal | On Medicare, GOP Can't Find the Middle
If Republicans are reluctant to endorse both Ryan’s proposals and the president’s, they may be left with the federalist solution endorsed by Romney, whose successful implementation of a health care package similar to Obama's has become a major campaign challenge.

Econ Comments                                                                                                             
Politico | Rep. Paul Ryan: Health reform hurting economy
House Budget Committee Chairman Paul Ryan framed health care costs and the president's health law as key drivers of the nation's economic and fiscal problems Monday, while warning that the president's plan could lead to waiting lists for today's seniors.

Blogs                                                                                                                             
Cato@Liberty | Who’s Right on Medicare Reform, Ryan and Rivlin or Obama and Gingrich?
Medicare reform, by itself, won’t solve the third-party payer problem, but it could be part of the solution – especially if seniors used their vouchers to purchase real insurance rather than the inefficient pre-paid health plans that are so prevalent today.
AEI: The American | Mr. Speaker, Medicare IS Social Engineering
If the cuts in Medicare payments to doctors, hospitals, and other care givers take effect as scheduled under the current law, Medicare payment rates will be no higher than those of Medicaid, dropping to 60 percent of the going market rates by 2020 and falling further in years to come. Good luck to seniors trying to make a doctor’s appointment if Medicare pays 60 cents on the dollar.
Cato@Liberty | Pelosi’s Constituents Found out What’s in ObamaCare, and They Don’t Like It
Of the 204 new Obamacare waivers President Barack Obama’s administration approved in April, 38 are for fancy eateries, hip nightclubs and decadent hotels in House Minority Leader Nancy Pelosi’s Northern California district.