For all of the quality care it delivers, the U.S. health care system is one of the most dysfunctional sectors of the U.S. economy. The government spends nearly 50 cents of every dollar spent on health care, most consumers are almost entirely insulated from the cost of their decisions, and employers decide what kind of health insurance their employees get.
But while the U.S. health care system begs for reform, the Patient Protection and Affordable Care Act only exacerbates all of the current problems, promising to devolve into a price-controlled system rationed and micromanaged by bureaucrats.
IPI believes there are much better options: reform the tax treatment of health insurance; remove the state and federal mandates and regulations that make coverage more expensive; pass medical liability reform; and promote policies that create value-conscious shoppers in the health care marketplace.
We’ll never know what new drugs might have been developed but won’t be under the Democrats’ price controls.
It's understandable that Democrats want to accomplish something—anything—ahead of the midterm elections. But this plan won't just cost taxpayers and patients more money. It could cost them their lives.
Democrats want to impose price controls on prescription drugs. But they haven't been able to lower the price of anything, including gasoline, so why would drugs be different?
For 20 years IPI has been warning that prescription drug importation schemes would allow counterfeit drugs to enter the U.S., and we are seeing their deadly effects.
So, on top of all the inflation pain consumers are already experiencing with food, rent, medicine and especially gasoline, several million Americans will receive a notice that their ObamaCare premiums are going up significantly. And while taxpayers will still be subsidizing those premiums, the subsidies won’t be as generous as they have been
A coalition letter in opposition to the proposal before the World Trade Organisation (WTO) to undermine intellectual property rights for COVID-19 vaccines.
A stable economy needs stable policies. And businesses, consumers and regulators all need to know what those policies are. Unfortunately for the economy and the country, Biden’s policies keep shifting, depending on the latest crisis — and the latest polls.
Dr. Cell Phone is quickly changing how medicine is practiced, paid for—for both doctors and patients.
It is time to ensure that seniors have the same no-cost access to vaccines as the rest of the population, ensuring they can live out those retirement years without unexpected costs.
There are reasons why states have so much trouble creating a state-based, single-payer health care system. But that doesn't keep California legislators from trying—and failing.