Tag: Insurance

Will the Federal Government Turn a Profit on Risk Corridors? That Can Be Stopped. »

I have written twice about the “risk corridors” in Obamacare’s health-insurance exchanges. The first post described how risk corridors will work in the exchanges. Risk corridors exist for three years and are designed to partially immunize insurers from losing money in the exchanges. Recently, the risk corridors have been described as a “bailout,” especially...
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Are Young People Better Off Being Uninsured? »

The Affordable Care Act makes health insurance more expensive for young adults while simultaneously making it far less risky to go without insurance, according to a study by Conor Ryan, a health care analyst, and Chris Holt, the director of health care policy, at the American Action Forum. They find that opting out of...
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Patient CARE Act Would Impose 37 Percent Marginal Income-Tax Hike on Late Middle-Aged »

I have already written twice about three Republican Senators’ health-reform bill (here and here). Nevertheless, it continues to attract attention, and its likely most curious impact has not yet been described. The Patient CARE Act, put forward by Senators Hatch, Burr, and Coburn, would institute changes to marginal-income tax rates that would increase disincentives...
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Health Reform: Senate Republicans’ Proposal Is a $47 Billion Tax Hike with Few Beneficiaries »

The health-reform proposal put forward by three Republican Senators (Hatch, Burr, and Coburn) has attracted a lot of attention as the so-called Republican alternative to Obamacare. Although the reform includes a grab bag of previous Republican reforms, including medical malpractice and Medicaid, its most radical element is a significant change to the private, employer-based...
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Health Reform: Senate Republicans’ Continuous Coverage Consumer Protection Needs Improvement »

Three Republican Senators have released a health-care reform proposal that has attracted much attention. One of the three, Orrin Hatch, is likely to chair the Senate Finance Committee if the Republicans win the majority in the Senate. John Goodman has described the bill neutrally. At Forbes, Matthew Herper describes the effect of capping the...
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Coburn II »

ObamaCare is widely perceived as a Rube Goldberg contraption that treats people in arbitrary and unfair ways. A Republican alternative, therefore, needs to be clear, easy to understand, and based on principles that starkly contrast with ObamaCare. It must not be “ObamaCare light.” The first Coburn health reform proposal (the Coburn/Burr/Ryan/Nunes bill) fits this...
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Health Benefits Cost 40 Percent More for Government Workers than for Private Workers »

I recently criticized an advocacy piece by an employers’ group, a report that promoted harmful, government-driven, solutions to price transparency in health care. This blog post will argue that private employers are not entirely ineffective. The media never fails to give good coverage to the Kaiser Family Foundation’s Annual Employer Health Benefits Survey, which...
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“I Felt Like a Hostage”: Toward a Solution for Medical Price Transparency »

I recently wrote an article critical of a business group’s approach to improving transparency of prices for medical and hospital procedures. However, as noted in the article, expressing such criticism is not to deny that we have a serious problem when it comes to figuring out how much we owe for treatment. In Saturday’s...
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Is There an Argument—Any Argument—for Community Rating? »

I’ve never seen an intelligible argument for community rating. I think I know why. I’m afraid there isn’t any. Don’t believe me? I’ll tell you what I’ll do. I let you pick any recognized ethical system in the entire history of Western philosophy. (Only Western? Yeah, we’re not cultural relativists here.) Altruism, Egoism, Nietzschean...
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If Obamacare Lost Your Personal Data, Would You Even Know? »

David Kennedy is a cybersecurity expert who runs a computer security firm called TrustedSec, LLC. He is in the news because of his expert testimony to Congressional committees on the security of healthcare.gov, the website to which people go to apply for Obamacare health insurance if they are in a state with a federal...
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