Top of the Morning

Top of the morning

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A new study from an economics professor at N.C State finds that most estimates of the cost of health care reform are overly pessimistic and that health care spending actually spurs economic activity, a finding that’s almost always left out of the debate.

Dr. Al Headen at NCSU is a co-author of the report that appears in the latest issue of Proceedings of the National Academy of Sciences. Headen points out that people also often forget the increased productivity of seniors as they live longer and the implications that has for Medicare.

People will be paying into government programs, such as Medicare, for a longer time – while simultaneously delaying the point where they need to draw on those programs. Our research suggests that if the government’s projections had accounted for this improved productivity, those projections would have been less pessimistic.

Are you paying attention Joe Lieberman?

3 Comments

  1. Louie

    December 16, 2009 at 9:45 am

    As Malcolm Sparrow explained in his groundbreaking book: “License to Steal: Why Fraud Plagues America’s Health Care System”, the rule for criminal perpetrators in the health care industry is to “bill correctly.” If the outlaws bill correctly, “matching the diagnosis to the procedure code, making sure they are within the confines of policy coverage, making sure the treatment is medically orthodox, then the crooks are mostly home free.

    Too bad in the wake of 9/11, the Bush administration FBI shifted resources away from medical fraud investigations and into the ill-conceived ‘War on Terror’

  2. IBXer

    December 16, 2009 at 9:57 am

    HAHAHAHAHA.

    The reason we are supposedly having a debate about healthcare is to slow down and reign in the costs of healthcare spending. The bills in Congress do the opposite and now you guys are actually defending making the problem that you defined even worse. You people are AMAZING!

  3. IBXer

    December 16, 2009 at 10:07 am

    Howard Dean now wants to kill the bill in the Senate because it “does more harm than good” and the new ABC News/Washington Post poll, for the first time, shows a majority of people now “oppose the health care reform package making its way through Congress (51%).”

    Obama’s worst score in the poll? His “handling the deficit; 56 percent disapprove.”

    Where is the only category that American’s approve of Obama? “54 percent now approve of the president’s performance as commander-in-chief.”

    HAHAHAHAHA. Americans have completely rejected leftwing ideology across the board and the only thing they support him on is the troop increase which the left opposes.

    This is too funny.