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economics

Trump’s HHS embraces socialized medicine

Canadian drugs aren’t cheaper because they went on a medical vacation to Canada. They are cheaper because Canadian socialized medicine works.

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politics Uncategorized

Exclusive: Sen. Schatz’s new health care idea could be the Democratic Party’s future

Exclusive: Sen. Schatz’s new health care idea could be the Democratic Party’s future Democratic health care reform ideas are not being given the attention as the GOP plans. There is no debate, no discussion, nearly zero coverage. And the narrative of how the Dems have nothing to offer working class voters persists.

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How the Affordable Care Act Drove Down Personal Bankruptcy

How the Affordable Care Act Drove Down Personal Bankruptcy Worth a read.

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economics Uncategorized

New study shows that the savings from ‘tort reform’ are mythical

New study shows that the savings from ‘tort reform’ are mythical “Tort reform,” which is usually billed as the answer to “frivolous malpractice lawsuits,” has been a central plank in the Republican program for healthcare reform for decades. The notion has lived on despite copious evidence that that the so-called defensive medicine practiced by doctors […]

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Southerners Don’t Like Obamacare. They Also Don’t Want to Repeal It.

Southerners Don’t Like Obamacare. They Also Don’t Want to Repeal It. Despite strong dislike of President Obama’s handling of health care, a majority of people in three Southern states – Kentucky, Louisiana and North Carolina – would rather that Congress improve his signature health care law than repeal and replace it, according to a New […]

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economics Uncategorized

Where is the Outrage over Employer-Sponsored Coverage in the “Rate Shock” Debate?

Where is the Outrage over Employer-Sponsored Coverage in the “Rate Shock” Debate? McIntyre by way of Thoma: Some 90% of people with private insurance receive it through an employer, and those plans are generally priced using “pure” experience-rating. This means the company serves as one giant risk pool, and a firm’s youngest employees have the […]

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economics Uncategorized

Kaiser Obamacare premium study: Affordable Care Act will be cheaper than expected.

Kaiser Obamacare premium study: Affordable Care Act will be cheaper than expected. The real success will be when the right starts using it as an example of market based reforms rather than dismissing it as socialized medicine.

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politics Uncategorized

It Takes A Government (To Make A Market)

It Takes A Government (To Make A Market) there’s an additional factor, that even supporters of the Affordable Care Act mostly missed: the extent to which, for the first time, the Act is creating a truly functioning market in nongroup insurance. Market based reforms often require government. This should be obvious, but since it violates […]

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economics Uncategorized

How to Charge $546 for Six Liters of Saltwater

How to Charge $546 for Six Liters of Saltwater as the tale of the humble IV bag shows all too clearly, it is secrecy that helps keep prices high: hidden in the underbrush of transactions among multiple buyers and sellers, and in the hieroglyphics of hospital bills. At every step from manufacturer to patient, there […]

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economics Uncategorized

Generic vs. brand-name pills: Research shows billions of dollars are wasted on over-the-counter medicine.

Generic vs. brand-name pills: Research shows billions of dollars are wasted on over-the-counter medicine. Registered nurses have more modest incomes than doctors, but are shown to be far more likely to buy generic pain relievers than other people with similar incomes. Most strikingly of all, professional pharmacists—the people who know which pills are which—are even […]