History has proven that cutting spending during a recession/recovery is the wrong way to go. It makes things worse. And yet, the GOP and Romney are still pushing for austerity measures despite the fact that those same kind of measures sent Europe's economy deeper into a recession.
The dreaded split between UPMC and Highmark has been delayed. Highmark customers, who would have been forced to give up their UPMC doctors by mid-2013, can relax a little. Their access to UPMC services and physicians is now guaranteed through 2014. The question is, what happens in 2015? This health care dance feels a little bit like the doomsday forecasters who keep moving the date of the end of the world.