Rationing? I Have to Disagree – Analyst Blog
Dirk Van Dijk (August 21st, 2009) Writes:
In yesterday’s Wall Street Journal, Martin Feldstein, Ronald Reagan’s top economist and a Harvard professor, claims the current health care proposals are all about rationing. I have to disagree. Excerpts from his article are below, along with my critique.
"Although administration officials are eager to deny it, rationing health care is central to President Barack Obama's health plan. The Obama strategy is to reduce health costs by rationing the services that we and future generations of patients will receive.
"The White House Council of Economic Advisers issued a report in June explaining the Obama Administration's goal of reducing projected health spending by 30% over the next two decades. That reduction would be achieved by eliminating 'high cost, low-value treatments' by 'implementing a set of performance measures that all providers would adopt' and by 'directly targeting individual providers . . . (and other) high-end outliers.'"
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Aetna, America, American Federation of Labor - Congress of Industrial Organizations, Analyst, Barack Obama, British national health service, Canada, cancer, cent;, Congress, Congressional Budget Office, Cuba, czar, Economist, excessive health insurance, excessive insurance, France, Gbp, generous health insurance, harvard, Health Insurance, health insurance premiums;, Health Services, health-insurance exclusion, high insurance copayments, individual health insurance market, Insurance, Market Commentary, Martin Feldstein, Medicare, Obama administration, Oecd, president, Professor, Radiation Therapy, Ronald Reagan, Stocks to Watch, supplemental insurance, surgery, Switzerland, Tom Daschle;, treatment of a certain type of cancer, Twin Towers, United States, USD, Wall Street Journal, White House, White House Council;, World Health Organization, Zacks Market Commentaries


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