IPAB: Not the Solution to Health Care Spending Growth

Aware of the unsustainability of rising health care spending, policymakers have sought to implement myriad policies and programs aimed at reducing such spending growth. One such attempt is the Independent Payment Advisory Board (IPAB) authorized under ObamaCare. However, IPAB’s statute limits its ability to achieve long-term success. IPAB is not likely to be successful in reducing health care costs without having harmful effects on Medicare beneficiaries.