This moment in health care … and democracy according to : The Washington Post

Yes, most 10 year olds run their lemonade stands better than that, but the larger point is that this isn't democracy. People rally against efforts by Republicans in Congress to repeal the Affordable Care Act. But we've a lot more work to do to get back to where we need to be. But if I don't write something, I'll burst, so here are some quick reflections. (Justin Lane/European Pressphoto Agency)I'm at a conference (where I just moderated a session with the great economist Paul Krugman — I'll post the podcast at some point), so I don't have time to write much on what happened last night in health care.




The big takeaway: Health care inflation continues to blow away general economic inflation, and a big reason why is because health care executives are not paid to slow spending. But the analysis also reveals that the pay packages for the country's influential health care executives don't give them incentives to control health care spending — something that economists, policymakers and even Warren Buffett have said is the most pressing problem in health care. "What is the relationship between their high pay and the role of stock prices in their high pay and the problems of the health care system?" Why it matters: The ACA has not hurt the health care industry. Stock-heavy pay also drives CEOs to do the exact opposite of their buzzword-laden goals of creating a "patient-centered" health system that focuses on "value."

Murkowski faces tough prospect of bipartisan, process-focused health care reform

For myself I can say … that bailing out insurance companies with no thought of any kind of reform, is not something I want to be part of," McConnell said. "It'll be interesting to see what they suggest as the way forward.


collected by :Lucy William

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