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Month: July 2009

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CNBC Meeting of the Minds (Health Care)

CNBC Meeting of the Minds (Health Care)

Billed as the Meeting of the Minds, a roundtable discussion hosted by Maria Bartiromo.  Attended by Dr. J. James Rohack, MD, President of the AMA;  Angela F. Braly, CEO of Wellpoint (Blue Cross); Dr. Steven Nissen of the Cleveland Clinic; ex-Senator Bill Frist, M.D.; Michael Milken; Jennifer M. Granholm, Governor of Michegan; and John C. Lechleiter, Ph.D., CEO of Eli Lilly. You can see the range and diversity of opinions and philosophies.  There was no one unifying concept.  Enlist this…

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Health care reform weekly wrap-up

Health care reform weekly wrap-up

This is worth studying – from the Wall Street Journal.  This is not new.  It is not driven by the current economic crisis.  Keep your eye on the ball and watch the money. This dynamic duo will not lose — large insurance companies and  big Pharma.  That’s why Harry and Louise now favor a new plan. Also required viewing is Marcia Angell interviewed on this weeks Bill Moyer’s Journal.  She fears a bad plan is worse than no plan at…

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end game or round 2

end game or round 2

It has come to this.  This deadline will come and pass.  It will not be met.  What happened? Strategically, to frame health care reform as the defining and pivotal achievement of this administration was a setup.  The new administration entered under a wave of jubilation and hope.  I shared these sentiments. In 1964, Lyndon Johnson entered the office of the presidency with a mandate for change.  A mandate to finish what had been started in the three previous years under…

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Unsustained costs — temperature rising

Unsustained costs — temperature rising

Now it’s heating up.   This should be a sensibility and economic reality issue.  It should not be a partisan issue.  Over the last few weeks I have developed a rationale for slowing this process based simply on the math and the daunting economic and financial  limits that we must honestly confront. This must not be framed as a political football game.  It is not about winning points, or vanquishing the opponent. The goal should be truly charting a new course…

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unsustainable costs (cont)

unsustainable costs (cont)

Our thread seems to be gaining traction.    Moderator David Gregory of Meet the Press was  was questioning Kathleen Sibelius this morning on the economics of health care reform.  She was not very convincing in her answers.  Why?  They still do not know how these “reforms” will be funded. The Wall Street Journal has an opinion article tomorrow, July 20, on the politics of passing health care reform.  I am not endorsing the Wall Street Journal and its editorials.  But the…

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unsustainable costs (cont)

unsustainable costs (cont)

We were talking about unsustainable costs.  I and many others have asked the question — how is this to be funded?  Both the House and Senate have been struggling with this Herculean task.  And now we have new headlines. House formulating plans for a surtax on the wealthiest of Americans.  Well it’s only 2.5% of the population.  And it does hold true to the President’s pledge not to tax the middle class.  And one could argue that the wealthiest of…

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HealthCare Reform (cont)

HealthCare Reform (cont)

Let’s continue this conversation.   And again, let’s repeat — this is not HealthCare reform.  It is economic reform.  And it is not even sound economic reform.  It is simply a shell game.  Most unfortunately, the administration, with the most timely and admirable of goals, has backed itself  into a corner.  Deliver this or else.  But the “or else” is the 80 pound gorilla.  Will it be the best solution? Will it be a good solution? Will it be a solution…

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