When It Came to Medicare Costs LBJ Concluded "What's $400 Million Between Friends!"

Lyndon Johnson’s advisers were worried. They were drafting a Medicare proposal, a major component of Johnson’s war on poverty. But the cost of this program was turning out to be much larger than expected. By their estimates, in the first year alone, they would face $400 million more in expenditures than they had budgeted for….

A Surprising Early Supporter of Obamacare: Eisenhower?

On October 10, 1952, President Dwight Eisenhower gave a speech in Salt Lake City in which he reiterated his opposition to socialized medicine. In fact, he had long asserted that he would “use every single attribute and influence of the Presidential office to defeat any move toward socialized medicine.” But Ike also recognized that all…

How Truman's Medicare Efforts Were Foiled by Red Baiting

In The Heart of Power, David Blumenthal and James Morone relate the 75 year history of presidential efforts (typically unsuccessful) to reform the U.S. healthcare system.  I used to think major reform efforts did not happen for many years after FDR’s New Deal.  After all, social security had taken a huge dent out of poverty among…

Will Obamacare Reduce the Crazy Variation in Hospital Prices?

If you have been paying attention to US healthcare policy debates lately, you know that hospitals have a price problem. Walk across the street from one hospital to a competitor hospital, and you could easily find yourself facing a $30,000 increase in your medical bills. At one extreme for instance recent information shows that replacing your hip…