The U.S. spends twice as much as comparable countries on health, driven mostly by higher payments to hospitals and physicians, NOT drugs!

Even though voters care a lot about drug prices, they’re NOT the main reason the U.S. spends so much on health care. The primary culprits are the twice as much per person spent on hospital and physician payments than comparable wealthy nations. And yet, according to a new Peterson-Kaiser Tracker analysis, the U.S. has worse health…

Medicare’s finances got much worse in the last couple of years, foreshadowing tough choices for the new government!

The latest Medicare projections from the Congressional Budget Office (CBO) show the extent to which the COVID-19 pandemic has hurt Medicare’s financial outlook, and foreshadow the tough choices facing the next President and Congress. According to CBO’s estimates, Medicare’s Hospital Insurance Trust Fund will have insufficient funds to cover all benefit costs beginning in 2024…