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Health Careâs Road to Ruin
Keywords:
Elizabeth Rosenthal looks at Obamacare's contribution to cost containment in 2013-2014. Rosenthal says its is a kind of delicate maneuvring at the edges, because serious work needs to be done. The fee-for-service and many of the drivers for increases in medical costs, the old system of pricing, are still in place. In 20 years at the current rate and after Obamacare health care will still take 25% of the U.S. budget if nothing is done. Healthcare costs are about half that of the U.S. in some of the advanced European countries. She calls Obamacare a trickle down theory of cost containment becaue it leaves most of the drivers for cost increase in place and works at the margins. Princeton economist Uwe Reinhardt calls it an ugly patch on a somewhat ugly system. Rosenthal cites the armies of consultants anticipating every move to reduce prices, and working on "strategic billing'' to increase revenues for hospitals and doctors. For those who say the prices are now up more slowly than in the past, Michael Chernew of the Harvard Medical School, has this to say- its like a diet, reminding us that that we haven't even lost weight, just gaining weight slower than before.
An assessment of prices and cost in the U.S. healthcare system after Obamacare in 2014-2015- Rosenthal, Reinhardt and Chernew
08/16/2010
Author Rosenthal, Priceton economist Reinhardt, and Chernew of the Harvard Medical School provide an assessment of what Obamacare does for prices and cost in the U.S. healthcare system.
Grouped Articles
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
Wall Street Journal 03/22/2014
Voters’ Second Thoughts on Hope and Change
New York Times 11/04/2014
Rising Rates Pose Challenge to Health Law
Wall Street Journal 11/19/2015
Failure to control overbilling by pharmaceutical companies, medical equipment and device makers in the health reform bill.
12/10/2009
Only $10 million annual increase to control fraud has been allocated in the bill. Its not likely to do much to control the overbilling and may be one more reason the health care reform bill will be a failure in controlling costs. Pricing of pharmaceutical products and healthcare services as the major unsolved problem in the U.S.
Grouped Articles
New York Times 12/21/2013
BusinessWeek 12/10/2009
How the Senate bill would contain the cost of health care : The New Yorker
New Yorker 01/04/2010
In Battle Over Health Law, Math Cuts Both Ways
New York Times 01/07/2011
House Approves Health Law Repeal
Wall Street Journal 01/20/2011
A grim diagnosis for our ailing U.S. health care system - The Washington Post
Washington Post 11/28/2011
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.
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
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
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
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
Cochrane on the Obama Health Care Law (Affordable Care Act) and why it does little to resolve the problem of pricing in U.S. healthcare
01/20/2010
Grouped Articles
The Soaring Cost of a Simple Breath
New York Times 10/12/2013
Uninsured Skeptical of Health Care Law in Poll
New York Times 12/18/2013
New York Times 12/21/2013
Rising Rates Pose Challenge to Health Law
Wall Street Journal 11/19/2015
What to Do on the Day After ObamaCare
Wall Street Journal 04/03/2012
AMA Supports Training More M.D.s
Wall Street Journal 04/12/2012
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
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
Hospital billing in the U.S. and the escalation in healthcare costs- 2011-2014
05/16/2013
Grouped Articles
Bayonne Medical Center Has Highest U.S. Billing Rates
New York Times 05/16/2013
New York Times 12/21/2013
Americans worry, cheer as Congress moves to upend the Affordable Care Act
Washington Post 03/22/2017
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
Problems U.S. hospitals face in evaluating the cost of medical services and reducing healthcare cost
01/31/2008
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
Digital Records May Not Cut Health Costs, Study Cautions
New York Times 03/05/2012
Why Medical Bills Are a Mystery
New York Times 04/14/2012
Group Offers Doctors Bonuses for Better Care
Wall Street Journal 01/31/2008
Examples of why U.S. healthcare costs defy solution- spine surgery in California (1)
02/09/2012
Billing at inflated prices and performing more surgeries than needed- doctors, surgeons, consultants, distributors and hospitals working in a flawed system.
Grouped Articles
Bayonne Medical Center Has Highest U.S. Billing Rates
New York Times 05/16/2013
New York Times 12/21/2013
Small Slice of Doctors Account for Big Chunk of Medicare Costs
Wall Street Journal 04/09/2014
In Small California Hospitals, the Marketing of Back Surgery
Wall Street Journal 02/09/2012
Americans worry, cheer as Congress moves to upend the Affordable Care Act
Washington Post 03/22/2017
Opinion | The Real Problem With the Health Care Bill
The New York Times 05/04/2017
The Independent Payment Advisory Board under the Obama Health Care Act
07/28/2013
Grouped Articles
The Affordable Care Act's Rate-Setting Won't Work
Wall Street Journal 07/28/2013
New York Times 12/21/2013
The Independent Payment Advisory Board and cost control for U.S. Medicare
02/18/2011
The Obama administration's Independent Payment Advisory Board would be charged with reducing Medicare costs and holding them to GDP and half a percentage point under President Obama's deficit reduction plan.
Grouped Articles
The Affordable Care Act's Rate-Setting Won't Work
Wall Street Journal 07/28/2013
New York Times 12/21/2013
Wall Street Journal 04/20/2011
New York Times 04/21/2011
The Right Way to Reform Medicare
Wall Street Journal 04/29/2011
Medicare Plan to Link Cost to Performance Rankles Hospitals
New York Times 05/30/2011
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