Word: medicaid
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...Thursday at the annual meeting of the American Academy of Orthopaedic Surgeons. Hip replacements? Those will more than double, rising from 285,000 to 573,000. And the money spent on these procedures is expected to reach $65.2 billion by 2015, putting a huge burden on federal Medicare and Medicaid programs, which pay for about 60% of U.S. joint replacements...
...Thompson's credit, that proposal and his detailed plans to overhaul Medicare and Medicaid, streamline government, expand free trade and reform the tax code were all meatier than anything his rivals bothered to produce. But Thompson was content to roll out his policies like basketballs and let other people pick them up and play with them. As TIME's Joe Klein wrote, Thompson seemed to be campaigning from a hammock, and his lack of urgency made him an easy target for late night hosts and Saturday Night Live skits...
...Romney stands out among his Republican peers for taking on healthcare. The story of Romneycare is well known: Romney required each Massachusetts adult to buy healthcare insurance, enrolled Medicaid candidates who hadn’t realized they were eligible, and helped those who couldn’t afford their own insurance with federal funds previously used to dole out free care to walk...
...university health centers and low-income community clinics at sharply discounted rates. These savings were conveyed to students and others in the form of lower contraceptive prices. But a 2005 federal law eliminated such discounts by forcing drug manufacturers to pay higher fees to include these medicines under Medicaid, the government-subsidized health plan. In anticipation of the price hike, many institutions, including Harvard, purchased the cheaper contraceptives in excess, enabling them to offer lower prices throughout the summer and fall. When these stockpiles ran out, students and others saw birth control prices increase three to four-fold...
...federal government long ago got into the business of insuring two groups that the job-based system excludes: Medicare covers retirees, and Medicaid covers the jobless and indigent. These programs have been expanding. The Democratic plans would expand the federal backstop still more to achieve universal coverage. So both parties would shift responsibility for health care away from business. The main difference is whether government or individuals would get control of the money business now spends on health care...