The Independent Institute

 
        

Congress Just Punched a Big Hole in Obamacare »

President Obama signed the 21st Century Cures Act on December 13. Promoted as a pro-innovation bill, the new law will improve the Food and Drug Administration’s regulatory processes; as well as fund Vice-President Biden’s Cancer Moonshot, the National Institutes of Health, and steps to reduce the opioid epidemic. However, the final version of the...
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Trump’s Pick for Labor Secretary Another Win for Health Reform »

Soon after announcing his intention to nominate Rep. Tom Price, MD, for Secretary of Health & Human Services, Donald Trump announced his intention to nominate Andrew Puzder for Secretary of Labor. This is yet another good sign for the repeal of Obamacare. Since the election, the media have asserted that repealing Obamacare will yank...
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Reflections on Donald Trump’s Election »

As the markets and pundits react to Donald Trump’s enormous upset victory, let me offer my own reactions. As an economist, I will focus on matters pertaining to economic policy. The Danger of Hubris and Denial. Everybody recognizes that the “experts” and polls were totally wrong. Indeed, I was listening to NPR around 6...
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Medicaid Expansion and Obamacare Premiums »

Of all the false economies the Obama administration touted in favor of the 2010 Affordable Care Act, the latest claim is a whopper. According to a paper published by the U.S. Department of Health & Human Services in August, states which expanded Medicaid dependency experienced lower premiums for individual health insurance offered in Obamacare...
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The Democratic Platform on Health Care: Bad, but Not Universally Bad »

The Democratic National Convention has produced a 51-page campaign platform that devotes five pages to health care. Leaving aside the promotion of abortion as a partisan wedge issue, the platform asserts the goal of “universal health care,” which is “a right, not a privilege.” The notion of health care as a “right” is now...
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Obamacare’s Perverse Job-Creation Program »

The latest jobs report gave the stock market a boost and injected some optimism into public sentiment about our economic prospects. Unfortunately, there’s a problem with the current employment situation that few understand: Obamacare has likely led to too many jobs in health care, drawing labor from more productive functions. Dan Diamond of Politico...
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Should Dissent Be Allowed in Health Care? »

An eminent physician has tentatively proposed that published treatment guidelines be accompanied by dissenting expert opinions, much like U.S. Supreme Court decisions. Daniel Musher, MD, of Baylor College of Medicine, served on the Advisory Committee on Immunization Practice of the Centers for Disease Control and Prevention, which considered guidelines for a dual vaccine approach...
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Obama Administration Continues to Bail Insurers Out of Exchanges »

The Obama Administration refuses to concede defeat in its struggle to save Obamacare’s exchanges. The exchanges lost one-quarter of their members in 2015. The Blue Cross Blue Shield Association has reported its insurance plans have enrolled people significantly sicker (and more expensive) than anticipated. Finally, UnitedHealth Group, the nation’s largest insurer, will drop out...
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Obamacare Exchange Plans Lose One-Fourth of Enrollees in 2015 »

The Obama administration recently announced that 12.7 million people selected or were automatically enrolled in an Obamacare exchange plan at the end of the third open season – February 1. Except for special cases, anyone who missed that deadline cannot enroll in an Obamacare plan for 2016. That number is a few more people...
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Obamacare’s Death Panel: Deferred, but Not Dismissed »

Soon after Associate Justice Antonin Scalia passed away on February 13, Senate Republicans felt the need to declare that they would not even entertain the thought of holding confirmation hearings for any candidate President Obama might nominate to the Supreme Court in the last eleven months of his second term. Given the high drama...
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