Archive for the 'HealthCare' Category

Mar13th2012

Health Care Costs Eat Away Wages

A study posted on Tim Taylors blog finds:
“To paint an accurate picture of how health care cost growth is affecting the finances of a typical American family, RAND Health researchers combined data from multiple sources to depict the effects of rising health care costs on a median income married couple with two children covered by […]

Feb3rd2012

Data On ObamaCare Shows Rationale Exaggerated

McArdle explains:
Part of Obamacare was a transitional “High Risk Pool” program to cover people who were unable to get insurance until the rest of the law’s provisions kicked in in 2014. The program allocated $5 billion. Medicare’s chief actuary assumed that it would attract 400,000 people; the CBO projected 200,000–but only because they assumed […]

Jan12th2012

Quote Of The Day

What about life expectancy statistics — a favorite of the critics, since Americans don’t score very high? It turns out that when you remove outcomes doctors have almost no impact on — death from fatal injuries (car accidents, violent crime, etc.) — U.S. life expectancy jumps from 19th in the world to number one! — […]

Jun6th2011

Quote Of The Day

“What is true is that the U.S. Medicare is expensive compared with, say, Canadian Medicare (yes, that’s what they call their system) or the French health care system (which is complicated, but largely single-payer in its essentials); that’s because Medicare American-style is very open-ended, reluctant to say no to paying for medically dubious procedures, and […]

May31st2011

Medicare And Death

Kevin Drum, blogging at Mother Jones, comes up with a great idea to help solve medicare’s cost problem:
So Medicare stays roughly the same, but every time you receive medical care you also get a bill. You don’t have to pay it, though. It’s just there for accounting purposes. When you die, the bill […]

Apr8th2011

Quote Of The Day

“Leaving the specific details aside, Ryan’s and Obama’s health care initiatives are complementary, not competitive with each other. Without a functioning individual insurance market, you can’t voucherize Medicare. And without pushing most individuals into the individual insurance market, that individual market won’t really be the giant risk pool you need […]

Apr7th2011

Quote Of The Day

“Over the next few days you will read a lot of “downgrade and dismiss” directed at Paul Ryan and his plan and indeed it is quite possible his proposal is not a workable one (I haven’t read it yet).  But don’t fall for the downgrade and dismiss bait, keep on returning to […]

Apr7th2011

Quote Of The Day

“Expect there to be a lot of angry back and forth over this in the next week or so.  But one thing to keep in mind is that this Medicare plan is not effectively very different from what the Democrats claim ObamaCare is going to do:  which is to say, cap the […]

Feb4th2011

Healthcare And Education

Their similarities:
The parallels are obvious: In both fields (1) we have systematically suppressed normal market forces; (2) the entity that pays the bill is usually separate from the beneficiaries of the spending; (3) providers of the services see the payers, not the beneficiaries, as their real customers and often shape their […]

Oct21st2010

Quote Of The Day

“In four years’ time, the minimum cost of labor will be a $7.25 cash minimum wage and a $5.89 health minimum wage (family), for a total of $13.14 an hour or about $27,331 a year. (I think you can see already that no one is going to want to hire low-wage workers with families.)” […]

Jun7th2010

Quote of The Day

“CBO Director Dr. Douglas Elmendorf has posted the slides he used in a presentation Wednesday to the Institute of Medicine, titled “Health Costs and the Federal Budget.”  The presentation obliterates the claims of the President and his allies about the effects of the new laws on federal […]

May12th2010

Quote Of The Day

” the C.B.O. has released a new estimate of how much additional discretionary spending — on implementation costs, further subsidies for new and existing programs, etc. — health care reform is likely to generate over the first 10 years. The total comes to $115 billion above and beyond the official price tag, a sum that would almost […]

May3rd2010

Quote Of The Day

“All of this hints at the problems that plague many of the studies Ezra and others have been citing, showing marvelous results from insurance:  as I said in the beginning, uninsured are not like the rest of us.  Do I think that my risks would shoot up to match those found by the studies Ezra […]

Apr7th2010

RomneyCare As A Guide To ObamaCare

Thousands of consumers are gaming Massachusetts’ 2006 health insurance law by buying insurance when they need to cover pricey medical care, such as fertility treatments and knee surgery, and then swiftly dropping coverage, a practice that insurance executives say is driving up costs for other people and small businesses.
In 2009 alone, 936 people signed up […]

Mar31st2010

Quote Of The Day

“Massachusetts offers a snapshot of how giving more people insurance naturally drives demand. The Massachusetts Medical Society last fall reported just over half of internists and 40 percent of family and general practitioners weren’t accepting new patients, an increase in recent years as the state implemented nearly universal coverage.”  — Associated […]

Mar25th2010

The Path To Single-Payer

How does ObamaCare lead to Single-Payer? The steps are explained in a conversation overheard between Dennis Kucinich and Obama:
Obama: Dennis, I know you want single-payer and so do I. I’ve made that clear on numerous occasions. We both see the public option as a step to single-payer, but that’s a step too far. I can’t […]