July 31, 2014

THANKS, W:

What If Obamacare Isn't the Reason Medicare Spending Slowed? (JOHN FEEHERY, 7/28/14, WSJ)

In 2003, Congress passed and President George W. Bush signed into law a Medicare modernization bill that included a benefit that aimed to keep older patients out of the hospital by providing them with prescription drugs.

And guess what: It has worked. Medicare Part D is one of the most popular government programs, and using free-market principles to lower costs and to provide greater choice to consumers, it has come in under budget.

President Bush and my former boss, then-House Speaker Denny Hastert, took a lot of grief from conservatives and liberals for their efforts to give seniors a break on high drug prices.

More important was the liberation of HSAs.
Posted by at July 31, 2014 8:44 PM
  
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