Greenbeard
Gold Member
I am asking where the savings came from. That was the question I asked...pure and simple.
I know I don't always ask clearly.
So I'll keep trying.
Their cost sharing has dropped....does that mean things cost less or someone else is picking up the tab.
Don't try to read anything into it. It is just a question.
A critical thing to understand here (and in all things) is that health care in America doesn't cost $3 trillion because health care in America costs $3 trillion. It costs $3 trillion because those who fork over that money can be convinced or coerced to do so. "Cost" is used synonymously with "price" at times but price is just what people can be made willing to pay, and actual underlying cost tends to creep up as incentives for efficiency and wise use of resources disappear.
As for Medicare Part D, what HHS (and I guess by extension me) is talking about is a benefit change that saves millions of Americans on direct costs because it covers more of their prescription drug costs. Has the cost they used to pay but are now free of descended upon the taxpayer (as opposed to coming out of the puffed up "costs" that drug manufacturers pass on to payers)? Maybe, I don't really know--Medicare Part D isn't really my thing. But if it has the impact for the taxpayer has been minimal, since total per beneficiary Medicare spending is actually declining, which is not something that happens for Medicare. Even as the donut hole has been closing.