Wednesday, April 28, 2010

Word of the day

Rationing. Rationing. Rationing. Rationing. Rationing. Rationing. Rationing. Rationing. Rationing. Rationing. Rationing. Rationing. Rationing. Rationing. Rationing. Rationing. Rationing. Rationing. Rationing. Rationing. Rationing.




OMB Director Peter Orszag continues the "quality vs. quantity" meme.

But get used to the reality of this IPAB, "Independent Payment Advisory Board" which will not be very independent nor will it be advisory as it will take 67 votes in the Senate to override their "recommendations".

Instead of letting medical procedures or drugs stand or fall on their own merits of cost effectiveness, this politically appointed board of bureaucrats will be playing judge, jury and executioner serving the statist god of "controlling costs" in the healthcare industry.

Exit question: With this IPAB in place and calling the shots with respect to what medical procedures, instruments and drugs are allowed to be brought to market, do you now think lobbying by medical and pharmaceutical firms on the Hill will be any less?

2 comments:

Harrison said...

Gee you mean Sarah Palin wasn't crazy and wrong? Rationing exists any time the government gets involved in something.

SarahB said...

(sigh)