View Full Version : The Independent Payment Advisory Board (IPAB) is NICE

05-10-2011, 08:55 AM
In March of 2010, then-Speaker of the House Nancy Pelosi famously said, "We have to pass the [health care] bill so that you can find out what is in it." Subsequent study of this leviathan legislation has brought some truly startling revelations to light; however, the establishment of the Independent Payment Advisory Board (IPAB) will likely prove the most dangerous to our liberty

.IPAB is a fifteen-member board, appointed by the president and charged with developing recommendations regarding procedures, medications, and spending priorities for Medicare and Medicaid. Ostensibly, the board members are to discover ways to implement the best practices, devising methods by which these programs may provide better services at lower costs.

To describe this board as a "death panel," as Rush Limbaugh has, is to underestimate its power and misconstrue its purpose. While it is true that IPAB will decide which life-saving treatments and drugs Medicare and Medicaid recipients may access, its ultimate function will be to serve as a lever with which to pry the entire health care industry from private hands.


05-10-2011, 10:44 AM
The government will never be as efficient as the private sector. The private sector can deny heathcare coverage to ten times as many people at half the cost!

05-10-2011, 11:01 AM
15 people appointed, not elected, to basically be in charge of the cost of healthcare? That is scary as hell.

05-10-2011, 11:38 AM
The government will never be as efficient as the private sector.
At least that much is correct.

Third party payor systems, i.e., Social Security, Medicare, student loans, etc., inevitably lead to higher costs over time as demand increases, and fraud creeps in. The insurance industry knows that, and they retain the right to cancel/refuse their product or service. They do that because they are profit oriented, and are pro-active in restraining costs and fraud to the extent possible, government regulations and tort lawyers notwithstanding. But government is passive - until it comes to votes - and then they just raise taxes.

I know that much from my prior life as a casualty underwriter for the Home Indemnity, American Insurance and Fireman's Fund companies.