Medicare Reform Must Precede A Prescription Drug Benefit
- February 8, 2000
Proponents of the Tobacco Tax initiative claim that increasing taxes on tobacco products will improve health care for children, help smokers by making them quit, and help taxpayers by making smokers pay for the extra health care that their habit makes them consume. These claims are grossly misleading. At bottom, Amendment 35 is a reverse Robin Hood, an attempt to take money from the relatively poor for the benefit of the relatively rich who populate a handful of special interest groups. The Amendment frees spending by these groups from both TABOR and normal legislative oversight, requires that spending levels increase in a fashion reminiscent of Amendment 23, and gives them eternal control of the new tax revenues.
READ MOREMedicaid spending is projected to exceed $276 billion in 2003. It will be larger than Medicare. Some experts predict that without significant reform it will bankrupt the states by 2020.
READ MOREWith simple changes to Colorado’s archaic health insurance regulations, state legislators could save an average family of four almost half a million dollars in health care costs.
Health insurance policies with higher deductibles offer people the chance to combine relatively inexpensive higher deductible health insurance policies with federally authorized medical savings accounts that would be accepted by preferred provider organizations (MSA PPOs).
Colorado health care “reformers” usually claim that government control of health care raises quality and lowers cost. In fact, government involvement does just the opposite. For proof, one need look no further than the way the state Medicaid programs treat the severely mentally ill.
READ MOREUsually the Independence Institute only publishes documents written by Independence Institute authors. We made an exception here because this material is an excellent explanation of the tremendous public health problems that would be created by President Clinton’s proposal for price controls on prescription medicines. Thus, even though we have no position on the author’s proposal to expand Medicare to include out-patients, we think that the author’s description of disaster that price caps would create is very much worth reading.
READ MOREUsually the Independence Institute only publishes documents written by Independence Institute authors. We made an exception here because this material is an excellent explanation of the tremendous public health problems that would be created by President Clinton’s proposal for price controls on prescription medicines. Thus, even though we have no position on the author’s proposal to expand Medicare to include out-patients, we think that the author’s description of disaster that price caps would create is very much worth reading.
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