Jackson Hammond is a Senior Policy Analyst at Paragon Health Institute. He has been active in the federal and state health policy space since 2017.
Prior to joining Paragon, Jackson was a health care policy analyst for American Action Forum (AAF). While at AAF, his work focused on payer issues including private insurance, Medicare, and Medicare Advantage. Furthermore, Jackson wrote extensively about the 340B Program and contributed to AAF’s research on a variety of drug pricing issues.
Joe Grogan is a health care expert with a unique blend of private sector and government experience spanning over two decades in the Washington, D.C. health care arena.
On August 14, 2024, Paragon’s Prognosis “Bailing Out Bad Policy,” by Jackson Hammond was quoted in The Daily Caller.
From the article:
“They’ve destroyed part D premiums,” Joe Grogan told Fox News Digital in an interview. “I’m not sure it’ll survive legal scrutiny if someone were to sue. Objectively, it shouldn’t be done. It’s just interjecting $5-10 billion of taxpayer dollars while the taxpayers are paying the price 85 days before an election. It’s sickening.”
“This is only going to get worse in 2025, 2026,” Grogan continued. “The program is in a death spiral. They announced a three-year demo. It’s already broken. The demo is going to fail. Premiums are still going to go up.”
“They just want to get through the election,” Grogan added. “They’re hoping after the election they can face it, but it’s gonna need to be dealt with in the next 12–18 months. They did not believe it would be this bad, and it’s only gonna get worse.”
Grogan isn’t the only one sounding the alarm. Paragon Health Institute, called the CMS taxpayer subsidies “a massive bailout to insurers to paper over the increased costs of the Inflation Reduction Act (IRA).” The group said CMS’s plan is a “fake, costly demonstration” for taxpayers, who are expected to bear 75 percent of the increased cost. The other 25 percent will come from the beneficiaries.
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