I don’t know how many people understand the significance of Mr. Obama’s proposal to give MedPAC, the expert advisory board to Medicare, real power. But it’s a major step toward reducing the useless spending — the proliferation of procedures with no medical benefits — that bloats American health care costs.
Well, the significance is that a federal beauracratic board will tell you what works and what doesn't work, BUT, since BO and the Democrats refuse to bite the hand of the trial lawyers that feed them, the Doctor will be between the "rock" of the MedPAC board telling him "that test doesn't have a high enough effectiveness, so we won't pay" and the subsequent malpractice lawyer saying "are you aware that had you done test X there is an x% chance that the condition would have been found and little Susy would have been saved?". Damned if you do, damned if you don't ... something which government excels at!
Mr. Obama was especially good when he talked about controlling medical costs. And there’s a crucial lesson there — namely, that when it comes to reforming health care, compassion and cost-effectiveness go hand in hand.
But wait, the CBO says that BOcare will cost a TRILLION MORE than what we have now. I guess that "talk" is "especially good" when it is served up with a huge helping of chutzpa from Krugman's perspective. TALKING about less while spending a Trillion MORE is somehow acceptable, even though the Nobel Prize winning economist says "compassion and cost-effectiveness go hand in hand". Indeed -- an extra Trillion in economy wrecking deficits while a government agency cherry picks procedures on the basis of campaign contributions or phases of the moon doesn't sound all that compassionate to me.
Well, in the case of health care, one pill means continuing on our current path — a path along which health care premiums will continue to soar, the number of uninsured Americans will skyrocket and Medicare costs will break the federal budget. The other pill means reforming our system, guaranteeing health care for all Americans at the same time we make medicine more cost-effective.
How can one win a Nobel prize and think that sloppily? Really? There are ONLY two choices. 1). Do nothing 2). Do whatever it is that BO finally figures out that he wants (if he ever figures it out)? In this vast nation with 300 million people, there are ONLY TWO choices!!! Wow, if you believe that, then you most likely voted for BO, and until you turn your brain on, there isn't much to discuss.