Tuesday, June 30, 2009
Thursday, June 25, 2009
Today's Links
Robert Reich is right. I'm reading his book right now. It's great, too.
Rolling Stone's latest...
Wednesday, June 24, 2009
What is logical?
Robert Reich, and Robert Reich from 5 days ago.
72% of Americans want a public option
Obama's own Dr. wants Medicare for all (single-payer)
Chicago Tribune opinion piece in favor of single-payer
Obama's self-imposed need to compromise could lead to disaster.
One Senator is willing to support single-payer publicly: Senator Kent Conrad (D-North Dakota)
Brad DeLong on how to save 2 Trillion dollars over 10 years in healthcare spending.
The American Prospect does a good job describing what a bad form of the public option could be.
Start your own herb garden!
Tuesday, June 23, 2009
Live long and Prosper
QUESTION: Wouldn’t that drive private insurance out of business?
OBAMA: Why would it drive private insurance out of business? If private insurers say that the marketplace provides the best quality health care; if they tell us that they’re offering a good deal, then why is it that the government, which they say can’t run anything, suddenly is going to drive them out of business? That’s not logical.
Monday, June 22, 2009
We've been talking about one tsunami. We haven't talked about credit cards yet. Is there another tsunami coming? ...
In many ways, credit card debt and mortgages were the two things that were the cocaine of the financial services industry. They produced profits beyond your wildest dreams. Boy, why invest in small businesses and construction lines when you can get the profits off those? ... We've watched what happens and the collapse of housing prices, these enormously risky mortgage products that were pushed out there that were promising the high profits, but of course now are going to produce these terrific losses.
And here are the credit cards, kind of the last big profit center for these large financial institutions. And two things are happening simultaneously. They're trying to wring every last dollar they can out of them: Let's raise people's interest rates; let's tack on more fees; let's get tougher on when it is that you're overdue. Push, push, push, get as many dollars as you can, because we're hemorrhaging money over here on the mortgages and everywhere else. ...
Wages have been flat at that point for about a decade. Nobody's making any more money. ... Core expenses -- housing, health insurance, transportation, child care -- have been rising. Families are saving nothing. They're carrying mounting loads of debt in order to bridge the gap between their rising expenses and their flat incomes. They're tapped out. And that's where we are while the boom is still on, while unemployment is low, interest rates are low. The party goes on.
[Then] the housing market declined sharply, which means ordinary Americans, their net worth on paper just is going through the floor, because for most people, there are only two assets that they've got: They've got a house and maybe, if they're lucky, a 401(k). Both of those are going down sharply. Unemployment is going up. Core expenses are not coming down. So the American consumer, the family, the ordinary middle-class folks, they're on their knees financially.
How do we get out of this? They've been the ox that pulled the plow. They've been the consumer. You could count on them. It was safe to invest in retail. It was safe to invest in restaurants. It was safe to invest in anything they might use because they'll always get up and spend and drive this economy.
The fundamentals during the boom showed that that whole underlying economic picture was wrong. It was wrong. It was created through smoke and mirrors, through crazy monetary policy, through permitting financial institutions to keep marketing these credit products and promising profits and throwing them out into this larger marketplace, and these complex instruments and doing trades and bets off them, and pretending that that was wealth, that that was reality.
Well, the party's over. The financial institutions are down for the count. But look around the room. Basic economics of the American family have changed, and that means there's a fundamental reordering here. We can't just jump-start this. We can't just say, "You know, we'll bite our lips, and in another six months we're going to get that same old economy back." ...
We're going to make a series of decisions over the next six months to a year that are going to shape who we are as a people, who we are as a country for the next 50 years. This is our moment. We'll decide this. And what we decide will set who we become. I believe that.
Krugman goes after "centrist" Democrats on Healthcare reform
Thus Senator Ben Nelson of Nebraska initially declared that the public option — which, remember, has overwhelming popular support — was a “deal-breaker.” Why? Because he didn’t think private insurers could compete: “At the end of the day, the public plan wins the day.” Um, isn’t the purpose of health care reform to protect American citizens, not insurance companies?Ha! So it looks like activists can sway senators who are bought and paid for by the health care industry. One can only hope. My only disappointment is that he does not call out Mr. Baucus from Montana, who may hold all the keys to getting good reform passed.
Mr. Nelson softened his stand after reform advocates began a public campaign targeting him for his position on the public option.
UPDATE: Confused about the differences between single-payer and the public option? Look here.
Saturday, June 20, 2009
Friday, June 19, 2009
Today's Links
The Health Reform We Need & Are Not Getting
Frontline this week ran an in-depth story of what happened with the banks last fall.
Robert Reich on the Obama Administration's proposals to reform Wall Street
American War Expeditures in today's dollars. Very cool!
UPDATE: Elizabeth Warren interview from Frontline in its entirety.
Tuesday, June 16, 2009
Its all connected
Supporters of national health insurance are even less optimistic, noting how Baucus, President Obama and leaders in Congress won't even consider their proposal, which they believe would have broad public support.
"I can't think of any reason other than fidelity to your donors, to explain why they would keep us out of the debate," says Dr. Young of the physicians group. "Until we get campaign-finance reform, it will be very difficult to do anything to challenge the status quo (in health care), and the status quo had better be challenged, because it's a very bad status quo."
Sunday, June 14, 2009
Boston Globe on Single-Payer
Saturday, June 13, 2009
Bill Moyer's Journal and the wage issue
Friday, June 12, 2009
Why The AMA opposes the Public Option
Wednesday, June 10, 2009
Great Healthcare reads
Update on the testimony for Single-payer in front of the House subcommittee hearing.
Health Reform for Beginners, By Ezra Klein of the Washington Post
Why I HATE corporate virus scanners
They are serious system hogs (hard drive, not cpu)
You can't shut them down
Tuesday, June 9, 2009
Great Read in the NYT Magazine
119 million Americans don't like it, so we need to keep it
Monday, June 8, 2009
Pay for Performance
Thursday, June 4, 2009
An awesome article on healthcare
My health is not for sale. Nor is yours. Nor should anyone’s be. As long as insurers are slaves to the bottom line in this country, no reform is possible.
Health insurance cannot be a for-profit enterprise. Period. It must be a not-for-profit enterprise, and that means all facets: pharmacy, hospital, diagnostic, imaging, etc. As soon as profits are the primary motivator, patients become the problem. When patients become the problem, attention is only paid to ways to make them less of a problem, either by cutting back what is insured, how much is insured, or by raising their rates to unaffordable extremes. Right now, all three of these options are in play.
This is a crisis that won’t be eased by tweaking a badly-broken and dysfunctional system. The entire system that must be reshaped into a single payer system and coverage for all. It is a system that must put health at the front of all considerations rather than profits.
Congratulations, Randy
Why are we so involved with GM?
Tuesday, June 2, 2009
The Deficit
"Voluntary" Health care reform
- The Advanced Medical Technology Association accounts represents 90 percent of the medical equipment manufactuerers in the US, a virtual monopoly. They have promised in their second initiative to reduce medical errors and avoidable injuries. So they aren't doing that now? Sounds that that should be a best practice already, but when you represent 90% of the market, you can make your own rules, right?
- AHIP is proposing to overhaul administrative processess and automate 5 key functions - claims, submissions, eligibility, claim status, payment, and remittance. Sounds great, and they say it will be like when the banks introduced ATMs. But they say the "are not recommending a voluntary effort, but rather that HHS require the adoption of the CAQH Committee on Operating Rules for Information Exchange (CORE)." Meaning that they need to have the Health and Human Services Secretary force them to adopt these rules through CORE. So you have to tell one political appointee make a group representing the healthcare industry force these standards. That still sounds straightforward, but by the time you get anything through a committee it is usually filled with bloat and waste.
- The American Hospital Association has a lot of vague, progressive-sounding ideas that look good on paper, but they don't provide any concrete numbers to back up their ideas. Plus, they don't list any incentives for hospitals to implement their ideas. It's just a bunch of management speak.
- The American Medical Association has pretty good ideas and lists out in fairly brief but precise detail what they want to do.
- The PhRMA, who represents Big Pharma says that they are already in the fight to reducing costs, and studies are showing that costs are already starting to slow. They say that spending for drugs in 2007 was the lowest it was since 1961. Really? Could the Prescription Drug Benefit have anything to do with that? Remember, they claim that spending, not cost is the lowest it's been since 1961. If I'm wrong, I'll eat my shirt. They also claim that the market for drugs in the U.S. will decline by 2% in 2009. Maybe thats because of the recession more than anything else. As more and more seniors see their savings disappear, are they still taking all the drugs they've been given? I hope so. Of course I am in pure speculation mode, but how is that any different from what this report is doing?
- The SEIU has some good ideas, but it's initiatives are very broad and wide, and seeing how they could implement any of these in the next two to five years seems unlikely
I’m skeptical that these proposals will add up to anywhere near $2 trillion. In the legislative process, proposals rise or fall based on what [the Congressional Budget Office] says about them, and the same will be true here.