Tag: Regulation

“Job Lock” from Employer-Based Health Benefits: What Should Government Do? »

Back in 1993, the economists Jonathan Gruber and Brigitte C. Madrian highlighted the problem of “job lock,” a consequence of employer-based health benefits. Job lock referred to the fact that the U.S. Internal Revenue Code does not tax employees’ health benefits if they are provided through employers’ group plans. However, if employers gave the...
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Who Loses the Most Under Obamacare? »

Chris Conover writes about ...the 3.8 million Americans that the RAND Corporation estimates will become newly uninsured as a result of this law. 2.5 million of these currently have employer-based coverage and another 1.3 million have non-group coverage. While there arguably are tens of millions of other losers created by this ill-conceived law, these...
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Bootleggers and Baptists; Silversmiths and Artemis Cultists »

All students of government regulation (and, to some extent, of other intervention, as well) know about Bruce Yandle’s model of bootleggers and Baptists. In this vision, a special interest with a large financial stake in a regulation joins forces politically (sometimes only covertly or simply in effect) with a religious or ideological interest group...
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How Small Business Is Reacting to Obamacare »

The International Franchise Association and the Chamber of Commerce have released a survey of companies representing 42 million jobs: Sixty-four percent of franchise and 53 percent of non-franchise businesses believe the health care law will have a negative impact on their businesses. Twenty-nine percent of franchise and 41 percent of non-franchise businesses are already...
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Pelosi Caught on Obamacare Lies »

On the November 17th edition of “Meet the Press,” NBC’s David Gregory admirably confronts Nancy Pelosi, having been a key architect and political organizer for Obamacare as House Majority Leader, regarding her June 10, 2009, MSNBC TV-interview statement that, “What we are talking about is affordable, quality, accessible healthcare for all Americans. It’s about...
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The Median Voter, the Marginal Consumer, and Obamacare: Why No Politician Competes for the Votes of Patients with Bladder Cancer »

On October 30, President Obama gave a now infamous speech celebrating the going out of business of so-called “bad apple” insurers. According to the President, “before the Affordable Care Act, these bad apple insurers had free rein every single year to limit the care that you received or used minor pre-existing conditions to jack...
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Just Say No to Jobs for the Young and Unskilled »

As pictured here, Governor Jerry Brown has signed new minimum wage legislation that ups the minimum productivity to be employed in California to $9 per hour starting next year, and $10 per hour in 2016. Supervisors will also have to increase their productivity if they want to stay employed. The San Francisco Chronicle offers...
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California Energy Officials Repeat Lies to Expand Their Power »

California is ranked second in a nationwide scorecard on energy efficiency released yesterday by the American Council for an Energy-Efficient Economy, a D.C.-based group that works to advance efficiency efforts. Massachusetts retains the top spot for the third year in a row. Andrew McAllister, a member of the California Energy Commission, attributed California’s second-place...
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A Woman May Die Because of Obamacare »

For the past 20 years I have been trying to convince my colleagues in the health policy community that managed competition contains perverse economic incentives. These incentives do more than misallocate resources. They create ominous risks for the health and safety of patients with serious medical conditions. Consider the editorial in Monday’s Wall Street...
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The “Rs”: Understanding the Death Spiral in the Obamacare Exchanges »

One month after the worst product launch in modern history (yes, worse than “New Coke”), the big question is: Will the federal government be able to rescue health insurers who will lose lots of money in the Obamacare exchanges? At the beginning of the Obamacare negotiations, insurers recognized that their actuaries would have trouble...
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