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To reduce spending and more appropriately limit geographic variation in utilization among Medicare beneficiaries, the program should consider the utilization-management techniques employed in the private sector as a model.
This AEI event examined what can be learned from the research on geographic variation in health spending.
Variations in service use across regions are smaller for the private sector than for Medicare, suggesting better management in the private sector.
The following is a summary highlighting testimony by AEI Director of Economic Policy Studies Kevin Hassett to the Joint Economic Committee at a hearing entitled "How the Taxation of Capital Affects Growth and Employment."
I was initially assigned the working title, "Pursuing Equality in Health Care for the Elderly Is Futile." I prefer to think of that particular dead end of health policy as one of listening to the wrong music for too long. Hence, this article revises the title song of the movie, Urban Cowboy, to "Looking for better health [rather than either "love" or "love of equality"] in all the wrong places.
While the U.S. labor market has deteriorated in the last few months, aggregate conditions are not worse than they were when extended unemployment insurance benefits were enacted in 2002.
In the current debate about reform of the housing finance market, proponents of a continuing government role frequently argue that without government backing, the so-called "to be announced" (TBA) market could not exist. But that's simply not true.
Despite widespread political support and large direct and indirect subsidies from both the federal and stategovernments, renewable electricity—wind and solar power, in particular—produces only 3.6 percent of USpower generation. This small market share suggests inherent limitations that can be overcome only at veryhigh cost.




