Tag: Healthcare

Once Again, Government Displaces Real Aid »

The history of the growth of government is riddled with government programs driving out well-functioning arrangements for the private provision of assistance and social services, including welfare, healthcare and hospital services, unemployment assistance, disaster relief and more. So it should come as no surprise that now Obamacare is doing the same. As reported in...
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Using Marketable Vouchers to Speed Up Drug Approvals »

The Food and Drug Administration recently approved a new drug for leishmaniasis, an extremely rare disease which is spread by sand flies in poor countries. Why would a for-profit company invest in inventing a drug for which there is no way to make a profit? The FDA offers a prize to any firm that...
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Big Pharma, Trial Lawyers, and Harry Reid Kill Patent Reform »

Now that the smoke has cleared after the collapse of efforts to push patent litigation reform legislation through Congress, pundits are busy discussing just what happened. The President and members of both parties agreed that some reform was necessary. Reform legislation seemed to be a sure thing. Sources close to the negotiations on reform indicate...
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Common Core: Raising the Bar-barians »

“Barbarians at the gate.” That’s what Arizona Superintendent of Public Instruction John Huppenthal called opponents of Common Core national standards earlier this month. His remarks are symptomatic of just how far elected officials within and outside Arizona have strayed from our Constitution, which doesn’t even contain the word “education.” Supporters claim Common Core will...
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This Memorial Day Honor Vets with Education Savings Accounts »

President Obama has vowed to fix the intolerable mismanagement of Phoenix Veterans Affairs Hospital, which resulted in dozens of deaths and reports of patients put on secret waiting lists for care. Thankfully Arizona is not waiting around to do the right thing for veterans and their families—and neither should any other state. On April...
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Piketty’s Capital: IV »

I’ve made some observations about Thomas Piketty’s Capital in the Twenty-First Century already, here, here, and here, and in this post want to note the way that the twentieth-century welfare state has contributed to the inequality that Piketty has observed. Piketty observes that growing inequality is the result of the return on capital being...
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Obamacare’s “Bailout” of Insurers Is Still a Live, Moving Target »

The Obama administration continues to move the goalposts of the so-called “bailout” of health insurance companies that lose money in the Obamacare exchanges. Formally labelled “risk corridors,” the bailouts are a process by which the administration will take money from insurers that profit more than expected in the exchanges, and transfer that money to...
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Medicare’s Physician Payment “Data Dump”: Don’t Stop Now »

In April, the Centers for Medicare & Medicaid Services (CMS) dumped a treasure trove of raw data into the public domain: The Medicare Provider Utilization and Payment Data: Physician and Other Supplier Public Use File. Resisted for years by organized medicine, this release publicizes a dataset of Medicare payments to doctors by name. The...
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More Evidence Suggests Obamacare Is Not Driving Hospitals Bankrupt »

One of the most intuitively appealing arguments for ensuring that everyone has health insurance is the claim that uninsured patients crowd emergency rooms but don’t pay their bills. Hospitals present these bills to government, and taxpayers end up paying. Health Affairs has a new estimate of these costs: We estimated providers’ uncompensated care costs...
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Why Did Health Spending Slow Down Before It Sped Up? »

Last quarter, spending on health care grew an astounding 9.9%. That’s the biggest percent change in healthcare spending since 1980. What’s the reason? Many people blame it on the Affordable Care Act (ACA), more popularly known as Obamacare. But this assessment contrasts markedly with the picture the president painted for us only a few...
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