Dana Milbank Missed the Health Care Reform Act
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Wednesday, 13 April 2011 07:22 |
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This is the only thing that readers can infer from his reference to President Obama's "refusal to propose a viable solution" to the debt problem. In fact, the Congressional Budget Office projects that the health care bill approved by Congress last year will trim tens of trillions of dollars off the long-term deficit. One can only conclude that Milbank wasn't aware of the bill in making this accusation.
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This morning Reinhardt was questioning the value of increased competition amoung insurance plans in Ryans's proposal, because more weakness on the insurance side means more bargaining power for hospitals. The hospitals, of course, often have too much power already.
But this was also supposed to save money in the ACA, through more competition from the government plan. This could worsen inflation of hospital prices, which are bad enoough already.
Of course it's also possible that a big government insurance plan could drive private firms out of business. But then, there are other things to worry about, like the doctor-dominated Medicare boards which permitted so much wealth transfer to doctors in the seventies.
What's more, the ACA is transferring so much money to hospitals (from Medicare to Medicaid), that private equity firms have begun looking into buying them up. So there's even more monopoly trouble on the horizon.
All in all, it seems that there is no reason to be believe that the Ryan plan or the ACA will really help with health costs and the budget problem.