Relevant and even prescient commentary on news, politics and the economy.

Medicare does “NOT PAY FOR ITSELF”

In the comments section of an earlier post 1/3 of Medicare Spending is Wasted, I had stated to everyone, “Medicare does NOT PAY FOR ITSELF.” This is what I meant by that comment: “For more than a decade the the federal government has borrowed to pay for the rising cost of Medicare. Debt-financing of Medicare […]

1/3 of Medicare Spending is Wasted

Urban Legend— You write: That claim that one-third of Medicare spending is wasted sounds pretty questionable to me.” This is your opinion. If you had spent the last 20 years working as a medical researcher investigating unnecessary treatment, your opinion would be of great interest to all of us; but, I’m assuming you have not […]

Obamacare Enrollment (part 2) Who Will Remain Opposed to Obamacare in 2015? “Zero-Sum Thinking”

In 2015, I predict that Obamacare enrollment will soar, matching 2014’s success. This may seem counter-intuitive. After all, in recent months, the public’s perception of Obamacare seems to have soured. The Henry J. Kaiser Foundation’s health care tracking poll for July reveals that 53% of those surveyed last month said they view the Affordable Care […]

Obamacare Enrollment 2015: How Many People Will Sign Up Next Year? (Public Support for Obamacare Is About to Turn a Corner) Part 1

Thanks to the Affordable Care Act, some 10 million previously uninsured adults gained coverage during the open enrollment period that began on October 1, 2013. Last month, the New England Journal of Medicine reported that the share of Americans who are “going naked” has plummeted from 21 percent in September of 2013 to 16.3 percent […]

Polarized Politics Led To Cantor’s Defeat– and Cochran’s Victory. Why the “Uncommitted Center” Is So Important (Cantor part 2)

Part 1; Cantor’s Defeat and What It Does Not Mean When House Majority leader Eric Cantor lost his seat to ultra-conservative David Brat, the Washington Post’s Ruth Marcus summed up the majority view among political pundits: “The episode offers a disturbing commentary about the poisonous, polarized state of American politics.”  I cannot agree. I don’t […]

Cantor’s Defeat—What It Does Not Mean

Shocked by House Majority Leader Eric Cantor’s defeat in last week’s Virginia primary, many in the media have decided that this “earthquake” has re-shaped the political landscape. Immigration reform is dead, they say, and tea party radicals are far stronger than many suspected. Meanwhile, the alarmists warn, political polarization has divided the country, poisoning our […]

The “Cholesterol Con”– Eggs

In the past, I have written about the “cholesterol con” (part 1), the widespread  belief that high levels of “bad  (LDL)  cholesterol” can cause heart attacks. As I have explained (part 2), the myth has generated enormous profits for many commercial interests, including companies that peddle statins. (Please read both parts of the post.)   No […]

A Patient’s Story–How Much Can or Should– Your Doctor Tell You About Potential Risks?

AB Introduction: For a while now, Angry Bear has been featuring some of Maggie Mahar’s articles about Healthcare, the PPACA, and costs. Besides being a former 20th Century Foundation Fellow Maggie’s has also written as a financial journalist for Barron’s, as well as articles for Time Inc., The New York Times and other publications. Her […]

Longevity and Long-Term Care: The Medical Crisis of the 21st Century : Part 2 Update: Maggie Mahar will be doing a radio interview at 12:30 PM The Attitude with Arnie Arnesen 94.7 FM WNHN Concord NH

Maggie Mahar at The Health Beat Blog discusses Alzheimer’s care and the alternatives. Throughout the 20th century, most Americans saw “longevity” as a goal. If we took care of our bodies, we reasoned, we could “live longer and better.” But in the 21st century, I suspect that some of us will learn to fear “longevity” […]

The Next Plague: Alzheimer’s

The Next Plague: Alzheimer’s In the 1970s and 1980s, a plague called AIDS swept through this country. Like a medieval scourge it was mysterious, incurable, and ruthless as it killed those who were far too young to die. Now, baby-boomers have reason to fear a new scourge: It won’t cut them down in their youth, […]