Three Times Interventionists Moved the Goalposts, Part 3 »

Part 3 of 3 In previous Beacon posts (here and here) I explained that interventionists had often “moved the goalposts” in policy debates in which I’d participated. I first recounted an episode where Paul Krugman had moved the goalposts in a dispute over so-called fiscal austerity, and then I discussed the phenomenon in the...
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The Health-Care Insurance Quagmire as a Linguistic Problem »

The House of Representatives has just passed a statute it represents as “repealing and replacing Obamacare.” This legislation, now awaiting what promises to be major challenges in gaining the Senate’s approval, does amend certain aspects of the Obamacare setup, but all in all the changes are less than earth-shaking, and the previous system will...
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Health Insurance Contributes to Past-Due Medical Debt »

A new study of past-due medical debt, by Michael Karpman and Kyle J. Kaswell of the Urban Institute, shows that the expansion of health insurance coverage subsequent to the Affordable Care Act is associated with a reduction in the proportion of adults with past-due medical debt. In 2012, 29.6 percent of U.S. adults had...
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Replacing Obamacare with a Means-Tested Tax Credit »

In his first joint address to Congress, President Trump promoted the idea of a tax credit to support people’s purchase of health insurance. This is in line with the approach taken by Health and Human Services Secretary Tom Price, when he was in Congress, and by the House Republican leadership. Some self-styled conservatives, however,...
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Why Do Late Middle-Aged Women Allow Obamacare to Gouge Them? »

In February, Professor Mark Pauly of the Wharton Business School wrote a short article proposing reforms to individual health insurance, in which he reminded us the biggest premium hike in the market for individual insurance consequent to Obamacare was among women in their 60s. His actual research was published in 2014, but I have...
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Why Health Coverage Does Not Equal Healthcare Access »

Readers know I disagree with using measurements of “coverage” as measurements of access to health care. New data from the Louisiana Department of Health, which cheers the expansion of Medicaid dependency in the state, shows (unwittingly) exactly why. Healthy Louisiana’s Dashboard shows that 402,557 adults became dependent on Medicaid as a result of Obamacare’s...
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Health Spending and Prices to Rise, 2018 through 2025 »

Before the Affordable Care Act passed in March 2010, President Obama repeatedly promised that the typical family’s health premiums would go down by $2,500 after implementing the expansion of health insurance we label Obamacare. Nothing of the sort has happened, of course. For the past few years, prices and spending have appeared moderate by...
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Capping Federal Medicaid Funding Would Save $110 Billion to $150 Billion in 5 Years »

Arguably more important than repealing and replacing Obamacare, a longstanding Republican proposal to change how Congress finances Medicaid would reduce the burden on taxpayers by $110 billion to $150 billion over five years, according to a new analysis by consultants at Avalere. Currently, state spending on Medicaid is out of control because Medicaid’s traditional...
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American Health Insurance Is Upside Down »

Writing in The Week, Ryan Cooper shares a chilling story about an Obamacare Gold-level health insurance policy that let its beneficiary down when he needed it most: Stewart is 29 years old, and was pursuing his Ph.D in American history at Texas Christian University until ill health forced him to withdraw. He lives in...
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Fixed-Dollar Tax Credits Would Reduce Individual Health Insurance Premiums »

Sonia Jaffe and Mark Shepard of the National Bureau of Economic Research (NBER) have written a new paper, which compares the effects of fixed-dollar subsidies for health insurance to subsidies that are linked to premiums. They conclude that fixed-dollar subsidies reduce taxpayers’ costs and improve access. Unfortunately, the structure of subsidies in U.S. health...
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  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org