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Beneath Budget Battle, a Health-Spending Juggernaut
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Estimates show the 50 million Americans enrolled in Medicare today will increase to 80 million by 2030, according to the program's actuaries. Simple demographics as the baby boom generation ages is making controlling the deficit without controlling increase in health care costs as both sides in the fiscal cliff negotiations are attempting to do can only lead to defunding critical areas such as education, R&D and infrastructure, and breaching the safety net for lower income Americans. Health care spending took up 7% of GDP in 1960, increasing to 17.9% of GDP in 2010. Federal spending on healthcare has grown to about 25% in 2012 from 10% in 1960, and is projected to increase to about 33% in ten years by the Congressional Budget Office.
The fiscal cliff negotiations and no proposals to reduce health care costs that take up over 17% of GDP
12/17/2012
Compared to 1960 when health care costs took up 7% of GDP, in 2010 health care costs took up 17% of GDP.
Grouped Articles
Beneath Budget Battle, a Health-Spending Juggernaut
Wall Street Journal 12/17/2012
Opinion | The Real Problem With the Health Care Bill
The New York Times 05/04/2017
Developing new solutions to the problem of escalating health care costs in the U.S.
01/31/2008
New solutions are being developed and new ideas being tried to bring down health care costs. In many case quality can improve at lower cost or the similiar results delivered for lower cost with some other advantages inpatient focussed healthcare that improve outcomes. Pricing of pharmaceutical products and healthcare services as the major unsolved problem in the U.S.
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New York Times 10/12/2013
New York Times 12/21/2013
Economy Led to Cuts in Use of Health Care, Study Says
New York Times 08/16/2010
Digital Records May Not Cut Health Costs, Study Cautions
New York Times 03/05/2012
Health Care: Obama's Budget Skimps on Cost-Cutting
BusinessWeek 03/05/2009
Hospitals Merge Design and Building to Cut Costs
New York Times 04/15/2009
What health care experts like the Dean of Harvard Medical School say about the Health Care Reforms in Congress.
03/05/2009
Give it an "F" grade says Jeffrey Flier. It doesn't do much to control skyrocketing costs or to improve quality of care. Worse still its disingenous, as Congressmen are pretending to the public that reform has happened when it certainly has not.
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Health Care: Obama's Budget Skimps on Cost-Cutting
BusinessWeek 03/05/2009
Health-Care Reform: Who Pays Is So Taboo
BusinessWeek 05/20/2009
The Family Doctor: A Remedy for Health-Care Costs?
BusinessWeek 06/25/2009
Opportunities in the Obesity Epidemic
BusinessWeek 09/01/2009
Health Care: Lessons for America
BusinessWeek 08/13/2009
Who Picks Up the Tab for Health Reform
BusinessWeek 10/22/2009
Stiglitz and Sen's report point to need for looking at multiple indicators of growth, including education, health care and environment.
12/30/2005
Be skeptical of touting GDP growth numbers. China which has done this has learnt from this experience as it shifts to trying to assess the costs of environmental degradation in headlong industrialization. The U.S. and the shift to bigger houses and bigger cars, which later fed a collapse of housing and the auto industry show a different angle of this obsession with GDP numbers that can work constructively or destructively if not understood and managed properly. Air quality and pollution is a major problem in China and affects the quality of life.
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Pollution Is Radically Changing Childhood in Chinaâs Cities
New York Times 04/22/2013
China Seeks to Calm Anxiety Over Rice
Wall Street Journal 05/22/2013
Japan Is a Model Not a Cautionary Tale
New York Times 06/09/2013
Anger Spills Onto Brazil's Streets
Wall Street Journal 06/18/2013
Brazil's north-east: Catching up in a hurry
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China's Silver Linings Playbook
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The two US Deficit Commissions in 2010 and the Deficit from Growing Health Care Costs
01/31/2008
Bowles-Simpson Deficit Commisssion proposals, critics say, did not adequately tackle the health care part of the US Deficit. Rivlin-Domenici Deficit Commission phases out the tax exclusion on employer-subsidized health care insurance. Both fall short in addressing the health care portion of the deficit.
Grouped Articles
New York Times 12/11/2010
In Battle Over Health Law, Math Cuts Both Ways
New York Times 01/07/2011
CBO: U.S. budget deficit to reach $1.5 trillion in 2011, highest ever
Washington Post 01/26/2011
Wall Street Journal 04/05/2011
New York Times 04/07/2011
Second Panel Calls for Cutting Military Spending
New York Times 11/17/2010
Looking Back- The Ron Wyden Free Choice Amendment in Sept. 2009 to introduce choice and competition in health care
09/17/2009
Wyden's emphasis on choice for all Americans in health care and introducing competition in health care services to pull back runaway medical costs was a critical piece of health care reform that did not find its way into the final health care bill. In the American system quality and cost is achieved through competition. Leaving this out in the final health care bill and the law that was passed means leaving out its vital element without which runaway costs are not checked. The Wyden-Ryan proposal on health care in December 2011 also emphasized this vital element of choice and competition as critical to controlling costs.
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Sen. Ron Wyden Is Set to Get a Wider Platform
Wall Street Journal 01/14/2014
Health Reform’s Missing Ingredient
New York Times 09/17/2009
Joseph Rago: The Forgotten History of Ryan's Medicare Reform
Wall Street Journal 08/14/2012
Beneath Budget Battle, a Health-Spending Juggernaut
Wall Street Journal 12/17/2012
Ryan's Plan for Medicare Is Huge Bet by GOP
Wall Street Journal 04/05/2011
Pricing of healthcare services and pharmaceuticals as the biggest problem in funding healthcare in the U.S.
01/31/2008
The cost of most healthcare services are double or higher in the U.S. than in Canada, Germany, France and Japan. By not bringing prices in line with the price in other major developed countries, the U.S. is effectively defunding infrastructure, R&D, education and other important means of improving competitiveness say experts. The methods of setting price present in these countries are notably absent in the U.S. The Obama healthcare bill and before that the Bush Medicare Prescription Drug Benefit simply leave this problem unaddressed.
Grouped Articles
Cuts Would Only Shift Health-Care Costs
Wall Street Journal 07/13/2011
Bayonne Medical Center Has Highest U.S. Billing Rates
New York Times 05/16/2013
The Soaring Cost of a Simple Breath
New York Times 10/12/2013
New York Times 12/21/2013
Economy Led to Cuts in Use of Health Care, Study Says
New York Times 08/16/2010
Washington Post 09/22/2015
Costs of America's healthcare system and services compared with other European countries
01/31/2008
The costs of American health care per patient is double that of some European countries with poorer results in many critical areas of medical services. The burden on society as a whole and the lack of incentive for providers and patients to take action. Pricing of healthcare and pharmaceuticals as the major unsolved problem in the U.S.
Grouped Articles
The Soaring Cost of a Simple Breath
New York Times 10/12/2013
New York Times 12/21/2013
Economy Led to Cuts in Use of Health Care, Study Says
New York Times 08/16/2010
Patients’ Costs Skyrocket; Specialists’ Incomes Soar
New York Times 01/18/2014
A grim diagnosis for our ailing U.S. health care system - The Washington Post
Washington Post 11/28/2011
Four Deficit Myths and a Frightening Fact
Wall Street Journal 01/19/2012
The French health care system and its costs, comparison with the American system of health care.
06/28/2007
The rising costs of the French system and its concept and performance. Efforts to meet rising costs and rise of the "mutuals." Healthcare in France is at about 11% of GNP compared to 16% in the USA, with 50 million uninsured in the US and 99% of 64 million people of France covered. Pricing of pharmaceutical products and healthcare services remains a major unsolved problem in the U.S.
Grouped Articles
The Soaring Cost of a Simple Breath
New York Times 10/12/2013
New York Times 12/21/2013
The French Lesson in Health Care
BusinessWeek 06/28/2007
New York Times 07/14/2007
In Holland, Some See Model For U.S. Health-Care System
Wall Street Journal 09/06/2007
Maker of Lipitor Digs In to Fight Generic Rival
New York Times 11/03/2007
The sweeping restructuring of U.S. health care that is needed and the way patients, doctors, and hospitals would rather live with the status quo.
01/31/2008
The risks of "cosmetic" reform in the Obama administration's efforts, and the unsustainability of the current system in the costs and results it provides.
Grouped Articles
Bayonne Medical Center Has Highest U.S. Billing Rates
New York Times 05/16/2013
New York Times 12/21/2013
Patients’ Costs Skyrocket; Specialists’ Incomes Soar
New York Times 01/18/2014
Something’s Got to Give in Medicare Spending
New York Times 06/14/2009
Robert J. Samuelson - Wrong Way on Health 'Reform'
Washington Post 06/15/2009
Obama's Health Plan Needs Spending Controls, CBO Says
Washington Post 06/17/2009
Rising pension and health care costs for U.S. cities in 2011-12
01/31/2008
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Wall Street Journal 10/30/2013
Pension Pinch Busts City Budgets
Wall Street Journal 10/30/2013
Illinois Pension Fix Faces Political Test
Wall Street Journal 12/01/2013
Public Pensions and Our Fiscal Future
Wall Street Journal 08/27/2010
Wall Street Journal 12/24/2010
Pension Issues Spice Dinner Debates
Wall Street Journal 02/18/2011
U.S. healthcare insurance costs 2010-2013
01/31/2008
Grouped Articles
Lower Rise in Health Spending Predicted
Wall Street Journal 09/19/2013
Surveys: Health insurance costs shifted to workers, even as premiums surge - The Washington Post
Washington Post 09/28/2011
A grim diagnosis for our ailing U.S. health care system - The Washington Post
Washington Post 11/28/2011
An Rx? Pay More to Family Doctors
Wall Street Journal 01/27/2012
What to Do on the Day After ObamaCare
Wall Street Journal 04/03/2012
Why Medical Bills Are a Mystery
New York Times 04/14/2012
Price increases and cost of branded drugs and generic drugs- the pharmaceutical industry in 2011-2014
01/11/2010
Higer cost of specialty drugs for cancer, MS, other diseases, and the efforts by companies to squeeze profits from a shrinking branded portfolio push costs up for branded drugs. Prices of generics decline significantly. Express Scripts study shows 11% increase for branded drugs in 2011-2012 compared to 22% decrease for generics.
Grouped Articles
The Soaring Cost of a Simple Breath
New York Times 10/12/2013
AARP Study Says Price of Popular Drugs Rose 26%
New York Times 03/06/2012
Will Rising Prices for Some Generic Drugs Never End?
Wall Street Journal 11/14/2014
Washington Post 09/22/2015
Cost of Brand-Name Prescription Medicines Soaring
New York Times 11/28/2012
Beneath Budget Battle, a Health-Spending Juggernaut
Wall Street Journal 12/17/2012
Innovation and the pricing of drugs in the U.S. by the pharmaceutical companies.
06/09/2007
Will drug innovation be affected adversely by price reductions in the USA? No say experts as it is a globalized industry and innovation takes place in labs around the world. And the pricing reforms, as in Britian and Germany, can actually encourage R&D for effective drugs with good cost relationships; when comparitive effectiveness of drugs and cost benefit analyses is used in pricing reforms. Pricing of pharmaceutical products and healthcare services is the major unsolved problem in the U.S.
Grouped Articles
The Soaring Cost of a Simple Breath
New York Times 10/12/2013
New Medicines Emerge, but Few Blockbusters
Wall Street Journal 12/16/2013
New York Times 12/21/2013
FDA Approves Cholesterol Drug From Regeneron, Sanofi
Wall Street Journal 07/25/2015
Washington Post 09/22/2015
Settlement May Cut Drug Prices
Wall Street Journal 06/09/2007
Peter Orszag and the struggle for a deficit-neutral health care plan (2)
07/24/2009
Linked Articles
Obama's Health Expert Gets Political
Wall Street Journal 07/24/2009
Beneath Budget Battle, a Health-Spending Juggernaut
Wall Street Journal 12/17/2012
The absence of solutions to the underlying problem of increasing U.S. health care costs in fiscal cliff deficit negotiations
04/03/2012
Without a new approach to increasing health care costs, especially considering the demographic changes in the U.S. with more people on Medicare in future years, the problems of defunding other areas such as education, R&D, and infrastructure, to fund these increases is likely to continue. Estimates show that the 50 million Americans enrolled in Medicare in 2012 will grow to 80 million by 2030, according to the Medicare program actuaries. Demographic changes as the baby boom generation ages mean more Americans relying on Medicare and Medicaid. With continually increasing health care costs from costly technologies, increasing of diabetes, asthma and other diseases, pricing in the medical industry, and some fraud costs, this is a toxic mix that will lead to to a situation where one of three dollars in spending get swallowed up here.
Linked Articles
Beneath Budget Battle, a Health-Spending Juggernaut
Wall Street Journal 12/17/2012
What to Do on the Day After ObamaCare
Wall Street Journal 04/03/2012
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