John R. Graham | Tuesday May 3, 2016 at 10:00 AM PST | Comments Off on Is Consumer-Directed Health Care Going the Wrong Way?
Gary Claxton and colleagues, of the Kaiser Family Foundation, have written a concise analysis of the evolution in health payments from 2004 through 2015: From 2004 to 2014, the average payments by enrollees towards deductibles rose 256% from $99 to $353, and the average payments towards coinsurance rose 107%, from $117 to $242, while...
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Tags: cost sharing, deductibles, health insurance
John C. Goodman | Wednesday July 25, 2012 at 12:33 PM PST | 1 Comment
Just as noneconomists think wages can be set at any level, some people think that any public policy is possible. If wages are judged to be too low, the noneconomist thinks that’s because the business owner is hardhearted. If a public policy is judged insufficiently generous, the person unfamiliar with public choice thinks that...
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Tags: Business, CAT scan, cost sharing, Economics, health insurance, health savings accounts, Healthcare, hospitals, Insurance, Medicaid, Medicare, Medigap, National Health Service, Obamacare, Patient Protection and Affordable Care Act, patients, Priceless: Curing the Healthcare Crisis, single payer, socialized medicine, Taxation, Welfare