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Monday, June 24, 2013

Health Care

Econ Comments & Analysis                                                                                            
Real Clear Markets | Health Care: A Free Lunch Paid For By The Healthy
Two big promises were made in the effort to pass the Affordable Care Act: that insurance coverage would be extended to those with pre-existing conditions,and that subsidies would be provided to people who could not afford insurance. In both cases, the extension of benefits will be accomplished by making other (healthier or richer) people pay for these new free lunches.
Politico | Cure for affordable medical devices
For years, Medicare has been paying sky-high prices for basic equipment like wheelchairs and walkers based on outdated and overpriced payment rates. It was a great deal for the industry, but not a great one for taxpayers and people with Medicare.