Yesterday marked 100 days since President Trump announced his drug pricing blueprint, the basic goal of which is to “lower prices” somehow. How successful has it been?
In thinking about this question, it is useful to remind oneself that drug production and distribution is largely market-based, and the lesson of the market framework is that prices fall only if there is an increase in supply, a decrease in demand, or a reduction in taxes and other overhead-like costs.
Is Bernie Sanders a socialist like Venezuela’s Nicolás Maduro, whose mania for wealth redistribution has brought a country to its knees? Or, as Mr. Sanders suggests, is he merely a “socialist” in the manner of Scandinavian politicians, who presided over thriving free economies before imposing entitlement programs and have since cut corporate tax rates to allow economic growth to fund their promises?
The United States could see a shortage of up to 120,000 physicians by 2030, impacting patient care across the nation, according to new data published today by the AAMC (Association of American Medical Colleges). The report, The Complexities of Physician Supply and Demand: Projections from 2016-2030, updates and aligns with estimates conducted in 2015, 2016, and 2017, and shows a projected shortage of between 42,600 and 121,300 physicians by the end of the next decade.
Attorney General Ken Paxton today commended a U.S. District Court decision ordering the Internal Revenue Service to repay Texas and five other states more than $839 million because of an unlawful Obamacare tax on state Medicaid programs. Of that total amount, Texas stands to be repaid $304,730,608.
“Obamacare is unconstitutional, plain and simple,” Attorney General Paxton said. “We all know that the feds cannot tax the states, and we’re proud to return this illegally collected money to the people of Texas.”
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Short-term health insurance plans provide affordable, individualized options for people who are between jobs, taking time off to care for a sick family member, or can’t afford the few options available to them on the exchanges.
Health and Human Services Secretary Alex Azar announced a finalized rule change to ObamaCare that once again makes short-term, catastrophic health-insurance plans available—a revision that will bring formerly marginalized Americans like me back into the health-insurance fold.
The Trump administration announced a new rule that will help reduce prescription drug prices for many seniors enrolled in the Medicare Advantage program. How does it work? By reforming a long-standing quirk in Medicare that prevented drugmakers from competing with each other.
The Centers for Medicaid & Medicare Services is continuing the drumbeat of modernizing the two gargantuan programs it runs to generate more accountability, greater transparency, and provide better value for both patients and taxpayers.
The Obama administration improperly paid out $434 million to Obamacare customers to pay down the cost of insurance in 2014, the first year the law’s health insurance marketplaces went online, a federal watchdog reported Monday.
Some years back, I concluded that single-payer health insurance would profoundly alter America’s financial structure, but change the country’s health care relatively little. This thesis is reinforced by the strident, bipartisan emotionalism aroused by a new study by my colleague, Charles Blahous.