Insurance

Election Day is less than a month away now, and the candidates' stances on key issues related to healthcare are becoming clearer. One of the most polarizing issues so far has been Medicare. The Obama and Romney administrations have radically different views on how to move forward with the program, and those views were a major topic of conversation during last night's Vice Presidential Debate.

Among the many delivery models that have been discussed in the midst of healthcare reform is Accountable Care Organizations (ACOs). The general idea behind the ACO model is to provide something that is currently missing from our healthcare system: an incentive in the form of shared savings for organizations to constrain resources while maintaining (or even improving) quality.

Robert Berenson, MD, FACP, Institue Fellow, Health Policy Center, Urban Institute, states that the development of new care delivery models will not happen overnight. There is time before expectations are put into specific quality metrics and regulations for models such as patient-centered medical homes and accountable care organizations.

Sara Rosenbaum, JD, Harold and Jane Hirsh Professor of Health Law and Policy and Founding Chair, Department of Health Policy, George Washington University School of Public Health and Health Services, says that the purpose of health reform was to provide people a source of affordable coverage so everyone would be attached to a payment system.

Competitive bidding characterizes market-based proposals to control Medicare spending, but in this first empirical study of bidding in Medicare, we find that competition is lacking.

Modest increases in adherence to medication regimens among Medicare patients with heart failure were associated with lower Medicare spending in 3 major drug classes.