Brent Wilkes, Executive Director of the League of United Latin American Citizens, spoke at ACI’s Capitol Hill sponsored event. Other speakers included Peter Cramton (University of Maryland Economics Professor) and Steve Grist (Assistant Attorney General of Virginia).
As most anyone can see, federal spending has gotten out of control. As you read this, the so called “Super Committee” is looking for ways to cut billions from the federal budget in an attempt get spending under control and, hopefully, right the drifting ship that is our economy. While most agree that Congress needs […]
Congress has an urgent need to control Federal Deficit. Earlier this year, the National Commission on Fiscal Responsibility and Reform identified the containment of government medical program costs as a major priority to controlling the Federal spending. With the aging US population, the need to address ways to control medical costs is more important than […]
Each year, Medicaid pays about $7 million to doctors and hospitals for certain preventable mistakes such as operating on the wrong body part or accidentally leaving a foreign object in a patient after surgery. That’s supposed to stop under a new federal rule. The U.S. Department of Health and Human Services issued a rule June […]
You can read the entire letter to the white house here.
The Affordable Care Act (ACA) choices in premium and subsidies were shown in Part 1. Those estimates assume ACA will be implemented as intended. At a family cost averaging about $10,000 per year (pre-subsidy), consumers will demand a working, effective system. We are a very long way from that, and it is unclear that ACA […]
Unless Congress makes major changes by 2014, we will face The Affordable Care Act. Many American consumers are unhappy with some aspects of government-run health care and pundits rant on its failings and merits. Consumers deserve a lucid presentation of the choices and costs that they will face directly, and in “Part 1” (of this […]
A recent study by the American Consumer Institute (ACI) concluded that the Centers for Medicare and Medicaid Services (CMS) new bidding program would likely lead to higher medical costs and reduced outcomes. The study’s findings are consistent with the conclusions of many auction experts who have pointed to flaws in the CMS program that would […]
ACI Study Finds Medicare Bidding Program Will Increase Medical Costs, Amputations, Infections and Other Harms Washington, DC (May 5, 2011) – Increasing medical costs and producing lower quality patient outcomes should not be the goal of the Centers for Medicare & Medicaid Service (CMS) bidding program. However, the CMS’s new bidding program could, in […]
The Centers for Medicare & Medicaid Services (CMS) is implementing a bidding program that it hopes will lead to lower-priced devices and drive down Medicare costs for the homecare patients. However, auction bidding experts have overwhelmingly found that the current program will lead to below-cost pricing, which would adversely affect supply. The resulting decrease in […]