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Wednesday, September 21, 2011

Health Care

News                                                                                                                             
NY Times | In Cuts to Health Programs, Experts See Difficult Task in Protecting Patients
President Obama and some members of Congress assert that, in cutting Medicare and Medicaid, they can whack health care providers while protecting beneficiaries. But experts say it is not so simple.
National Journal | CEOs Argue Express Scripts/Medco Merger Would Lower Drug Costs
If Express Scripts is allowed to buy Medco Health Solutions, the resulting new giant pharmacy benefit manager would bring down drug costs and help the U.S. government track waste and fraud, executives of the two companies told a House subcommittee looking at the proposed $24 billion deal Tuesday.

Blogs                                                                                                                             
Cato @ Liberty | Private Insurance Is More Efficient than Medicare–By Far
Many of the administrative activities that private insurers undertake serve to increase the insurers’ efficiency. Avoiding those activities would therefore make a health plan less efficient. Existing government health programs also incur administrative costs that are purely wasteful. In the final analysis, private insurance is more efficient than government insurance.