Saturday, July 24, 2010

Health Care Bill HR3590- #1970 - Video: Why the Obama Health Law is not Entitlement Reform - Galen Institute

Galen Institute - Why the Obama Health Law is not Entitlement Reform - Grace-Marie Turner gives an overview of the Galen Institute's recent briefing on Capitol Hill announcing Galen scholar Jim Capretta's paper, "Why the Obama Health Law Is Not Entitlement Reform", featuring Capretta, Gene Steuerle, former CBO Director Douglas Holtz-Eakin and Rep. Paul Ryan. She also discusses why both Capretta's paper and Ryan's Roadmap are critical parts of the fight against ObamaCare.

Massachusetts Warning Signs - Galen InstituteWe continue to study Massachusetts' health overhaul experiment as a harbinger of ObamaCare. And we continue to see serious problems ahead.  President Obama told MSNBC's Chuck Todd in an interview last week that his new health reform law "not only makes sure everybody has access to coverage but is reducing costs." The quote was evocative of then-Massachusetts Gov. Mitt Romney's promise in 2006 that, "Every uninsured citizen in Massachusetts will soon have affordable health insurance and the costs of health care will be reduced."  Washington's reform effort doesn't even pretend to achieve universal coverage, and Massachusetts' experience shows the near impossibility of containing costs in a system where incentives go in exactly the opposite direction.

Here are some highlights from a piece I wrote this week for Kaiser Health News with an update on Massachusetts: 

 High costs: On average, health insurance now costs $14,723 for a family of four in Massachusetts, compared to $13,027 nationally. That's nearly 12 percent higher than the national average. Reform has not made insurance more affordable.

Rising costs: In fact, John Cogan of Stanford University and colleagues found that since the state's reform initiative passed, premiums for private employer-sponsored health insurance for individuals increased by an additional six percent in aggregate in Massachusetts compared to the nation as a whole. It's even worse for small-group coverage: These health insurance costs grew 14 percent more than in the country as a whole from 2006 to 2008, putting "a very large burden on small businesses and their employees," the authors write.

Dropping insurance: As a result, some small Massachusetts employers are dropping health insurance and sending their workers into the taxpayer-funded health insurance pool. They say they have no choice because of relentlessly rising costs.  Read more........

No comments:

Post a Comment