Monthly Archives: October 2009

Why Obama’s Government Takeover of Health-Care Will Be a Disaster

This is the title of the new pamphlet by David Gratzer, MD, author of The Cure: How Capitalism Can Save American Health Care. It’s a brief and powerful summary of what’s wrong with Democrat politicians’ proposals to “reform” health care … Continue reading

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Medicare & Medicaid fraud far exceeds insurance company profits

A wonderful post by John Goodman: Competition from a “Public Plan”: What to Expect 60 Minutes: Medicare fraud is $60 billion a year YouTube versions w/o commercials: Part 1, Part 2. GAO: Medicaid fraud was $33 billion in 2007 alone … Continue reading

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Attracting the healthy and avoiding the sick

John Goodman makes an excellent point about what happens when government forced insurers to charge the same price to everyone, regardless of their risk: they seek to avoid the sick and attract the healthy: …think about everything you would like … Continue reading

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“Opting out” of the “public option”

The Wall Street Journal reported last week: Senate Majority Leader Harry Reid, stepping deeper into the health-care debate, put his weight Thursday behind a proposal that would create a new government-run insurance plan while giving states the option not to … Continue reading

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Colorado Insurance Commissioner penalizes affordable insurance

The Sunday Denver Post ran a front-page article about how insurance companies charge women under 40 higher premiums than men.  It also notes that men in their 50s payer higher premiums than women. In any case, Colorado Insurance Commissioner Marcy … Continue reading

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Maine’s “public option” has failed

From the Wall Street Journal: First the legislature greatly expanded MaineCare, the state’s Medicaid program. Today Maine families with incomes of up to $44,000 a year are eligible; 22% of the population is now in Medicaid, roughly twice the national … Continue reading

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Government programs always exceed their spending estimates.

The Wall Street Journal has a good summary of how government programs always exceed their spending estimates. Here’s a chart: The article concludes: The lesson here is that spending on nearly all federal benefit programs grows relentlessly once they are … Continue reading

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Ed Perlmutter’s parasitic health care policy

At times I find it difficult to distinguish between a politician and a user, someone who habitually treats others as if they were instruments or tools for their own ends. Their policies imply that other people exist merely for the … Continue reading

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Health care without insurance, & know the price

(Originally posted on John Goodman’s Health Policy Blog) Although Canadian health care is supposedly free, each year thousands of Canadians come to the United States instead. Many have spent so long waiting for care in Canada that they will pay … Continue reading

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The health care reform death spiral

James C. Capretta has a fine description of what economists call the “death spiral” that results from requiring insurers to issue policies to everyone (guaranteed issue) at prices that do not reflect their health risks (community rating). It’s happened in … Continue reading

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