Fix Medicare’s Bizarre Auction Program
10 years to figure out how to run an auction system poorly? Is it any wonder that Medicare is failing? I don't see how people can look at government-run health care in the U.S. (of which Medicare is the prime example) and say "I want more of that." If we can't get it fixed now, what makes you think that making it bigger and more expansive will make it easier to fix?
(side note: I like the Truman quote too.)
Economists and other auction experts agree that using administrative prices from 25 years ago to set Medicare prices is a bad idea, and that a much better approach is to price Medicare supplies in competitive auctions. That is not surprising. What is surprising is the degree of consensus that Medicare’s shift to auctions is fatally flawed and must be fixed for the Medicare auctions to succeed in lowering costs while maintaining quality for medical equipment and supplies.
10 years to figure out how to run an auction system poorly? Is it any wonder that Medicare is failing? I don't see how people can look at government-run health care in the U.S. (of which Medicare is the prime example) and say "I want more of that." If we can't get it fixed now, what makes you think that making it bigger and more expansive will make it easier to fix?
(side note: I like the Truman quote too.)
(no subject)
Date: 24/1/11 23:28 (UTC)Who cares that it's doing massive damage to the people it deals with now. Eventually one day it may work right. Until that day... suckers!!!!!
(no subject)
Date: 25/1/11 00:10 (UTC)(no subject)
Date: 25/1/11 04:14 (UTC)(no subject)
Date: 25/1/11 01:44 (UTC)They are looking at government run health care in the rest of the world and saying "I want that".
(no subject)
Date: 25/1/11 01:53 (UTC)(no subject)
Date: 25/1/11 03:01 (UTC)Of that 52% who didn't prefer a single-payer system, I have to wonder how many actually DO want a health care system that works like other countries have, but don't understand what that entails?
It's a safe bet that a quite large proportion of Americans don't have any clue what sort of health care payer system other countries actually use.
(no subject)
Date: 25/1/11 03:02 (UTC)(no subject)
Date: 25/1/11 03:12 (UTC)http://en.wikipedia.org/wiki/File:Health_care_cost_rise.svg
I'm not suggesting it is the best system ever possible or that ANY system won't have possible negatives, but it sure beats the hell out of what you've already got.
(no subject)
Date: 25/1/11 03:13 (UTC)(no subject)
Date: 25/1/11 03:14 (UTC)(no subject)
Date: 25/1/11 03:17 (UTC)It's also why I'm so concerned about the reforms put in place last year. We're talking about taking a system overburdened by rules and regs and distorted by the interference of the government and adding more to it.
(no subject)
Date: 25/1/11 22:00 (UTC)Then, of course, we get into efficiencies of scale, people getting treated preventively for cheaper, etc.
(no subject)
Date: 26/1/11 00:15 (UTC)The overhead is the same issue. That public overhead is able to be masked by other depaartments (more here (http://www.realclearpolitics.com/articles/2009/06/27/the_adminstrative_cost_benefit_myth_97193.html)) doesn't really help. Even if we were generous and said that we could reduce costs by 5% by eliminating said overhead, the costs of other systems don't scale to our population.
(no subject)
Date: 26/1/11 15:06 (UTC)I'll have to look more into Book's numbers on all that, because they don't square with some other studies. (http://www.kff.org/medicare/upload/The-Federal-Employees-Health-Benefits-Program-Program-Design-Recent-Performance-and-Implications-for-Medicare-Reform-Report.pdf#page=8) But really, depending on a study from the Heritage Foundation?
(no subject)
Date: 26/1/11 18:11 (UTC)Advertising is something I thought I linked, but I missed it. Again, though, a drop in the bucket - we're talking about a mutli-trillion dollar industry. Knocking $200m off that number is not going to impact pricing.
I'll have to look more into Book's numbers on all that, because they don't square with some other studies. But really, depending on a study from the Heritage Foundation?
I do recommend taking a look at the Heritage study. I usually refrain from offering up think tank analyses, but this one was pretty sound.
(no subject)
Date: 25/1/11 07:17 (UTC)Therefore if other people hold the same opinion as oneself, it logically follows that whether they got there logically or not, they also hold the correct opinion. And if they disagree, they either they have reasoned incorrectly, or are just plain wrong.
Easy.
(no subject)
Date: 25/1/11 07:20 (UTC)Being as intelligent as you are, I'm sure you will agree with me :)
(no subject)
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Date: 25/1/11 16:43 (UTC)That means that the tax rate individuals pay towards health care is less than in the U.S.
And I really don't know what you mean by lack of any new health care procedures and drugs? You may not realise, but the U.S. while being notable due to its large economy and correspondingly large pharma/medical industry is not the only place on Earth that regularly invents or innovates in the areas of new medicine or drugs.
(no subject)
Date: 25/1/11 17:56 (UTC)And I know that other countries do have their minimal input to the global advance of healthcare, but the US has the overwhelming majority of medical advances in drugs and procedures.
(no subject)
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Date: 25/1/11 15:39 (UTC)Yeah Right
Late last year the VA lost my father for about 2 weeks.
Literally they lost him, he was rushed to the hospital with some kind of brain infection and for 2 weeks they couldn't tell my mother where he was, they didn't know which hospital he had been transferred to, or even why he was transferred when he was clearly not medically stabilized yet. During this time the doctors treating him had no clue what medications he was currently on, or that he was a diabetic or that he had COPD and they were just treating him as if he had dementia (last I checked advanced dementia didn't set in over the course of about 8 hours but hey I'm not a VA doctor) and he lost about 40 lbs during that 2 weeks.
Needless to say they nearly killed him and had my mother not finally been able to find him and consult with his doctors he would have died.
(no subject)
Date: 25/1/11 16:54 (UTC)Then again there has been a recent influx of young and buerocratically savvy applicants who won't hesitate to to put them on blast when they mess up.
(no subject)
Date: 25/1/11 22:07 (UTC)(no subject)
Date: 26/1/11 01:09 (UTC)(no subject)
Date: 26/1/11 15:11 (UTC)What statistics are you basing your claim on?
(no subject)
Date: 27/1/11 09:46 (UTC)(no subject)
Date: 27/1/11 14:50 (UTC)You didn't answer my question. What stats are you using to back up your argument?
(no subject)
Date: 25/1/11 07:24 (UTC)(no subject)
Date: 25/1/11 15:42 (UTC)Still clearly our health care system needs massive reform, however the argument that single payer or socialized medicine is the only possible reform is the big lie of the left.
The fact is that we could have consumer driven universal health care and fund it with a mix of personal and government funds for just about exactly what we spend on Medicare today.
(no subject)
Date: 25/1/11 06:00 (UTC)1) Yup. If they're going to use an auction system, they need to fix it like the article says.
2) If they ever do fix it, that'll be a sign to me to never, never, NEVER use Medicare at all, to the point of dying painfully in the street. Low-bid auctions give what you pay for and everyone is well aware that if you want real quality in anything, you shell out the bucks for top dollar. Low bid = crap quality.
(no subject)
Date: 25/1/11 07:09 (UTC)