Tag: Healthcare

Is Medicaid Crowd-Out the Only Effect of Obamacare? »

Medicaid “crowd-out” is the hypothesis that enrolling more people in Medicaid will cause some people to drop private coverage in favor of Medicaid. The rate of crowding out may reach 60 percent. Now, courtesy of the Robert Wood Johnson Foundation (RWJF), we have evidence that the entire effect of Obamacare so far is to...
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Obamacare’s Tax Credits in Jeopardy »

Today, we received dueling circuit court decisions on Obamacare’s tax credit component. The D.C. Circuit held (2-1) that the tax credits do not apply to health insurance purchases through an exchange established by the federal government, whereas the Fourth Circuit held that they do. If the subsidies are not available for insurance purchased through exchanges established by the feds, then Obamacare...
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Households Finance Only 70 Percent of Their Own Consumption, Down from 93 Percent in 1959 »

The leftish think tank Demos has published a very thorough criticism of how we measure Gross Domestic Product. Scholar Lew Daly argues that we give government too little credit for its spending, because government invests in goods and services that increase total GDP. For example, household incomes increased dramatically in the 20th century due...
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“Prize-Grants” or Patents for Pharmaceutical Innovation? »

Over at the American Enterprise Institute’s online magazine, Arnold Kling has proposed “prize-grants” in favor of patents for pharmaceutical research. Kling dislikes patents: Patents have always been a problematic way to promote innovation. They raise prices of products far above marginal cost. They impose legal costs involved in obtaining, attacking, and defending patents. They...
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Health Spending Grew Slower in U.S. than in Other Developed Countries, 2007-2011 (but the Trend Won’t Last) »

It is unlikely that Obamacare explains the slowing rate of growth in health spending. A new research paper by Luca Lorenzoni and colleagues, from the Organization for Economic Co-operation and Development, confirms not only that the slowdown occurred well before Obamacare, but that health spending has slowed more in the United States than in...
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Governmental “Reform” Is an Oxymoron »

Pick your favorite scandal du jour: Four employees of the Export-Import Bank recently were forced out of their jobs following allegations that they had solicited or accepted bribes from beneficiaries of the bank’s subsidies for foreign-based purchasers of U.S. exports or steered loans to politically powerful U.S. exporters. The director of the Internal Revenue...
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Understanding Waiting Times for Health Care »

In Sunday’s New York Times, reporter Elizabeth Rosenthal discusses evidence that that waiting times for medical care in the United States do not always compare favorably with those of other developed countries: “I fully expect wait times to be going up this year for Medicaid and Medicare and private insurance because we are expanding...
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Another Cover-Up? IRS and Social Security Administration Not Cooperating with Obamacare Fraud Investigation »

In early June, we learned that over two million (of a total of eight million) Obamacare applications lacked income, citizenship, or immigration data to verify eligibility for Obamacare’s tax credits. In the middle of the month, the Obama administration began contacting “hundreds of thousands of people with subsidized health insurance to resolve questions about...
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Why Hobby Lobby Is Not an Assault on Women »

The reactions from the progressive side of the fence to Burwell v. Hobby Lobby Stores, Inc. was stunning. The spin is that American women have been stripped of fundamental constitutional protections. Sandra Fluke at The Washington Post’s blog claimed that “[t]he Hobby Lobby case is an attack on women.” The White House lamented that the...
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Does the United States Over Diagnose Cancer? »

Ezra Klein challenges the notion that patients in the United States get better cancer treatment than patients in other developed countries. Klein was writing in response to the Commonwealth Fund’s comparison of health systems in eleven developed countries. As I noted previously, one problem with this survey is that there is no apparent relationship...
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