The January 26 post below (“How to Rein in Medicare costs without Hurting Seniors“) has drawn some 43 comments (including mine, as I responded to readers). I thought of turning a couple of my replies into posts, but then decided it might be more interesting for you to read them in the context of what other readers said.
I would love to see more readers participate in this thread. Comments are still open.
It’s a lively thread that takes on a number of third-rail issues: Does Medicare spend too much on pricey cancer drugs, end-of-life care and brand name hospitals?
Should we try to spend less on end-of life care? Many say “Yes,” but Zeke Emanuel (a medical ethicist and oncologist who was part of the Obama team during the president’s first term), says “No.” I link to a column where he notes that “It is conventional wisdom that end-of-life care is an increasingly huge proportion of health care spending. . . Wrong. Here are the real numbers: end-of-life care (not just for the elderly, but for all Americans) accounts for just 10% to 12% of total health care spending. This figure has not changed significantly in decades.”
He goes on to suggest that while we probably can’t make end-of-life “cheaper,” we can make it “better . . . Here are four things the health care system should do to try to improve care for the dying, even if they won’t save money.”
A number of readers comment on what is driving Medicare spending. Is it “patient expectations,” “doctors’ fear of litigation,” “regulations that dictate nurse-staffing ratios,” “practice patterns that doctors learned long ago,” or is the biggest problem “promotional efforts by manufacturers?”
Other questions come up: Does anyone really have any idea how much Medicare will cost in 2022? By then will Medicare have begun negotiating with drug-makers and device-makers for discounts on drugs (the way the VA does now, saving 40%)? How far will Medicare go in using medical evidence to decide what to cover?
One doctor/reader points out that in his field Medicare has begun to refuse to pay for procedures when research shows that they are not effective. He and another reader agree that in this way Medicare can provide “political cover” for private sector insurers who will follow Medicare’s lead.
We also discuss the deficit, and whether we should be trying to address the deficit now — or wait until the recession ends and unemployment falls. Also, is the deficit already dissolving as CAP suggests?
And is the deficit our biggest problem? On this question, you will find links to Paul Krugman, Peter Orszag (who analyzes the slow-down in health care spending over the past three years as a “structural change, not just the result of the recession) and Ezra Klein,
Some readers call for tax increases. Should we raise increasing taxes incrementally? Should we hike taxes for those earning between $200,000 and $400,000? (Here the debate becomes more intense.) Should we raise taxes for the middle class? Who counts as middle class? Should poor people have fewer children?
Just how much will Medicare cost 10 years from now? What are the variables that you would need to consider when making an estimate?
The comments forced me to think–and to do some research. I learned things I didn’t know. I hope you will too.
Whether or not you want to become part of the debate, I would urge you to read some of the replies. Just click on the little grey circle marked “43” to the right of the headline at the top of the post. (What appears to be a grey circle is actually a quotation mark and 43 tells you how many comments have been posted.)