The GHG Blog is just the tip of the iceberg. Check out the Point for complete access to all content from GHG experts.
- After Hours
- Agent Oversight
- Brain Food
- Health Insurance Exchanges
- Part D
- Performance Optimization
- Policy & Health Reform
- Prospective Evaluations
- Provider Relations
- Risk Adjustment
- Sales & Marketing
- Star Ratings
- callcenter972 on Call Center Metrics Reporting Should Be Robust and Actionable
- Sione Ayers on Diagnosing the ObamaCare Glitches: Who Farted and Is Pointing at the Dog?
- Tim Leary on New ACO Reg has some zingers
- Lisa Jefferson on What Happens to Medicare/Medicaid If There’s a Government Shutdown?
- Fred Hamlin on Big News: A Health Care Cost Indicator Went *DOWN*. AGAIN!
Tag Archives: debt ceiling
If you’re paying any attention to the worsening drama here in DC, dig in because the calendar is not our friend. With the stalemate over the government shutdown ossifying, the Congress just backed into the debt ceiling, which we’ll hit in less than two weeks. Now we’re going to need a big deal both reopening the government and raising the debt ceiling to get out of this mess, at the very moment postions are hardening. A few days ago, I thought a shutdown would go on for about a week…now I’m thinking it might be a month, or even longer. And that could have big implications for ObamaCare, Medicare and Medicaid.
So a week ago the conventional wisdom was that the prospects of an extremist-induced government shutdown on October 1 were infinitesimal. Not anymore. Must. Stop. Underestimating. Wingnuts.
With summer drawing to a spectacular close here in Washington, it’s abundantly clear that the “train wreck” everyone’s expecting won’t involve the launch of ObamaCare, but rather an epic legislative pile-up in Congress. With the collision of the debate on Syria, the immigration bill tearing the GOP apart, and now a near-concurrent exhaustion of government funding and the debt ceiling at the end of September/early October, the President and Speaker Boehner will be picking up the pieces of their agendas come Halloween. The question is whether government-sponsored health programs will have to give up another pound of flesh in the process.
As Congress begins its summer recess there’s been some hand-wringing in Washington about whether Congressional Republicans will make good on their threat to shut down the Federal government in another game of chicken with President Obama over the Affordable Care Act this fall. Senior members of the GOP are threatening to hold up a continuing funding bill for government operations AND to hold the upcoming debt ceiling hostage unless ObamaCare is defunded. We hope that common sense will prevail, as a government shutdown would be a disaster for Republicans. So blind in their hatred for the President and his signature accomplishment, they have to be saved from themselves.
I hate to have to say it, but the “fiscal cliff” debate/debacle last month is going to feel like a speed bump compared to what’s coming here in DC on the debt ceiling next month. At the height of its dysfunction right now, the relationship between the President and the Congress points to a near-inevitable government shutdown in the next 60-90 days. Which raises the question of what happens to Medicare and Medicaid when DC closes its doors. The answer? It depends on how long the shutdown lasts, but it ain’t pretty no matter what. If it goes longer than 30 days, it’s going to hurt, bad.
Welcome to the second session of the 112th Congress, when the most unpopular group of politicians in history (13% job approval rating last week) is poised to shirk their responsibilities to govern, and turn the House and Senate into campaign stumps. In an election year characterized by the most polarized electorate in recent memory, don’t expect much of anything to get done in DC, least of all on the tough issues like reforming Medicare and Medicaid.
It appeared at the market open Monday that after much hand-wringing this weekend there is no clear path to a compromise for the Congressional Deficit Supercommittee in time for its Thanksgiving deadline. Epic FAIL. The markets responded, down 300 points as of this post. As an American, I’m pissed: now here comes again the credit rating agencies, who will reward this latest political failure with another downgrade and make credit for all Americans harder to obtain. As a healthcare executive, I’m breathing a sigh of relief, however momentary it may be. Sequestration is coming, and it’s a better scenario for Medicare and Medicaid than anything this kangaroo court might have come up with.