Outlawing affordable health insurance

Tuesday, September 29th, 2009

A few months ago Jon Caldara and others at the Independence Institute put together a great video about how Obama Care would outlaw affordable insurance. In All the President's Mandates: Compulsory Health Insurance Is a Government Takeover, Michael Cannon of the Cato Institute explains this in detail. That is, how ...

Who decides on medical care? Insurers & government, not you

Monday, August 31st, 2009

In the Wall Street Journal Betsy McCaughey has written about Dr. Ezekiel Emanuel's views on reducing and determining patients' medical care. The Journal refers to  Dr. Emanuel as "Obama's Rationer-in-Chief." His official positions are as health-policy adviser at the Office of Management and Budget and a member of the ...

Success of Health Savings Accounts & high-deductible insurance

Saturday, August 22nd, 2009

Alex Tabarrok summarizes the results of a study by the The American Academy of Actuaries: Emerging Data on Consumer-Driven Health Plans. Cost-savings: 12% to 21% in the first year. Cost containment: Compared to traditional insurance with higher deductible, costs appear to increase more slowly. Proper and preventive care. Quoting the report: "Generally, all ...

Consumer Reports: buy an HSA for your pet

Tuesday, May 19th, 2009

John Goodman summarizes a Consumer Reports article recommending that pet owners self-insure instead of spending money on premiums.  But when it comes to people, Goodman says CR recommends national health insurance.  Hmm.

HSA-qualified plans: lower costs, more preventive care

Thursday, November 20th, 2008

From WellPoint, a U.S. insurance company: A recent study of consumer-directed health plans (CDHPs) by WellPoint, Inc.1,2 found good news for both employers and consumers. Employers, the most common source of health benefits in the United States, are faced with increasing cost pressures. However, the employers in WellPoint’s study who switched ...

Stossel – Sick in America, Part 5

Friday, September 5th, 2008

Continued from Part 4. Topics: High deductibles are good.  Whole Foods example.  Whole Foods contributes to employees' Health Savings Accounts (HSAs), which accumulates and grows over time. (Speech my Whole Foods CEO on this topic. Do HSAs discourage patients from getting preventive care?  Many policies cover preventive care, and it gives patients incentives ...

How to argue for Health Savings Accounts

Monday, July 21st, 2008

Summary: The best defense of Health Savings Accounts is not that they promote wise spending and bring costs down. It's that they are a step toward a more ethical tax policy. Conservatives, Republicans, and free-market advocates often tout Health Savings Accounts (HSAs) as a means of controlling costs.  Yet, critics of HSAs will ...

Employer-sponsored insurance: few choices

Thursday, June 5th, 2008

Supporters of employee-sponsored insurance (ESI), such as union bosses, should consider whether it results in consumers finding an insurance plan that fits their needs. Consider what Michael Cannon of the Cato Institute writes in his paper on how to eliminate the tax distortion that has created it: In 2007, 51 ...

Wendy’s employees save with HSAs

Wednesday, June 4th, 2008

Linda Gorman, Director of the Independence Institute's Health Care Policy Center has a new report: ''Why Milwaukee Health Care Costs are High: What to Do About It.'' (Her summary us here.) It's chock full of good references and analysis on how people with different levels of health can save ...

Employers & employees save big with HSAs

Thursday, May 8th, 2008

Check out Linda Gorman's post on how Manitowoc County, Wisconsin has saved its taxpayers and employees money by offering its employees high-deductible insurance plans and contributing to their Health Savings Accounts (HSAs): It estimates that employees with family plans will save a minimum of $2,126.70 in cash compared to what ...