The Trump administration wants to dramatically scale back Medicare's bundled-payment program. It is the wrong move at the wrong time and should be opposed by all providers and insurers committed to moving from payment for volume to payment for value.
The economic term for what's happening in retailing is disintermediation—the removal of middlemen from a supply chain or a series of transactions.
In a rational political environment, there's a strong argument for tax reform—the next item on President Donald Trump's agenda. But we don't live in such an environment. Cutting taxes when the economy is near full employment will do nothing more than blow a massive hole in the federal budget.
If McConnell and President Donald Trump can pass anything on healthcare, it will not be because the legislation was made palatable. It will be because the moderates accepted Band-Aids for the grievous wounds inflicted on their neediest constituents.
Asked about his Bay of Pigs fiasco, President John F. Kennedy responded, "Victory has 100 fathers and defeat is an orphan." The opposite is true for the latest iteration of the GOP healthcare bill, which would have eliminated insurance coverage for more than 20 million people.
Guess how many healthcare groups are lining up to support the Better Care Reconciliation Act? None. Which begs the question of why the Senate would move forward in the face of so much opposition.
The only silver lining in the massive storm cloud hovering over the Affordable Care Act is the persistence of bipartisan support for payment reforms aimed at improving healthcare quality and lowering its cost.
There's a simple explanation for the haste with which the Senate is moving to pass a law that will have devastating consequences for the health of the tens of millions of Americans. They need the money.
President Donald Trump seems to be changing his mind about the House-passed version of the American Health Care Act.
Will Pfizer and the other major drug manufacturers pay a price in Washington for willfully ignoring the national imperative to keep healthcare costs under control?
As Republican senators rethink the American Health Care Act, a more pressing question looms, will they stabilize the individual insurance market for 2018?
Anyone who knows anything about healthcare didn't need a CBO scorecard to understand the disastrous consequences of the American Health Care Act.