News Article

A free market will help fix health care

- The Boston Globe
Via bostonglobe.com » Submitted On Wed, 11/28/2012 - 1:22pm by Norman Wolfe

Neurologists are about to feel the sting of the Affordable Care Act. Beginning Jan. 1, Medicare will be paying them less for electrodiagnostic procedures used in identifying and treating a wide range of nerve and muscle disorders.  Reimbursement rates for some tests will be slashed by more than 50 percent, and the Centers for Medicare & Medicaid Services estimates that payments to neurologists overall will shrink by 7 percent next year.

Might as well get used to this. With a long-term unfunded liability of $38 trillion, Medicare will go broke if it isn’t fixed, and compelling providers to accept lower fees is how Obamacare proposes to fix it. Yet if government technocrats could keep health care affordable by paying doctors and hospitals predetermined fees for each service they provide, Medicare wouldn’t be going broke in the first place. When it turns out once again that Medicare’s budget can’t be tamed through stringent price controls, regulators will inevitably look for other ways to ration health care.

Comments

Obamacare certainly doesn't create a free market. Interesting this is in the Globe, a liberal newspaper.

2 years 2 weeks ago

the Globe does have a few token conservative columnists - and Jeff Jacoby is one of them.
We could hope that some of the Liberals who consume what the Globe puts out will occasionally read Jacoby and have a light go off in their head....

2 years 2 weeks ago

Sorry for the delayed response. Yes, Jacoby is pretty good, and we need to promote him whenever possible. It is a constant, uphill battle.

2 years 2 weeks ago

Paul - no problem. Sometimes thoughts are better after distillation over time!
My position - we should read the good and the bad, but with a critical eye to determine which statements are true, and which are spin. Then neither will be able to pull the wool over our eyes.

2 years 2 weeks ago
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There is nothing natural about socialism. It destroys the masses. Then question must be asked, if it is so destructive, then why do the masses vote for it?

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2 years 2 weeks ago

What will happen to America without Jesus and our principles:The phrase “survival of the American way of life” carries a somewhat different connotation to various groups even within the United States.

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2 years 2 weeks ago
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How Government Solved the Health Care Crisis!

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2 years 2 weeks ago
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With the re-election of the kenyan there is no Free Market anymore

2 years 2 weeks ago
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There are only 2 ways to control costs: top-down rationing and price controls, or free-market choices of consumers. Which do you think will work better?

2 years 2 weeks ago
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