Obamacare Is Not Entitlement Reform

Kathryn Nix / July 20, 2010

The United States faces financial collapse due to out-of-control government spending, and entitlement programs have a lot to do with it. Washington has promised more than it could ever possibly deliver.

Medicare in particular puts the government on the hook for $38 trillion in long-term unfunded liabilities, and reform to address this is sorely needed. Change must address not only spending but also the system by which the program operates, which currently encourages inefficient use of health services. This trend has penetrated the health care system at large.

According to the Obama Administration, the health care overhaul passed in March addressed the need for entitlement reform. However, at a recent event hosted by the Galen Institute, expert James Capretta introduced his research that shows that this is not the case. (more…)