News
National Journal | QUICK TAKE: Share of State Budgets Spent on Medicaid Grows
Medicaid spending is estimated to account for 23.6 percent of all state expenditures in 2011, up from 22.3 percent in 2010 and 21.9 percent in 2009, according to a report.
Politico | What's up, doc fix?
It's that time of year again — the dreaded congressional quest for billions of dollars for the “doc fix.” Which is a bit of a misnomer, as it isn't the docs who are broken. Though if they were to actually get a 27 percent pay cut slated for Jan. 1, they could soon be broke.
Econ Comments
Washington Times | ALLEN: Obamacare stalls American economic engine
Kaine’s backing of government medicine a nonstarter.
RCM | Modern Medicine Is Undergoing Idustrialization
In its place, medicine is undergoing industrialization, where doctors are becoming owned commodities of large hospitals and health plans. This model was made largely inevitable years ago, with the passage in 1997 of the Balanced Budget Act. Under the Obama healthcare plan, it's become the standard for the entire system.
Blogs
Marginal Revolution | What went wrong with U.S. health care cost control?
So if the real problem with U.S. health spending is that the U.S. diverged from its peer countries for a decade-long stretch, solving that problem isn’t quite as simple as mimicking the institutions and strategies of our peer countries.
