The government has been ruining US health care since 1946.
As a believer in small government, I usually favor anything that reduces taxes. But this tax break has wreaked havoc on American health care.
During policy debates on healthcare most people assume that more healthcare leads to better outcomes. What if that assumption is false?
Republican reformers have repeatedly promised affordable healthcare for all Americans — doubly affordable, in fact. They promise sufficient subsidies to put premiums and out-of-pocket costs within reach of low- and middle-income consumers. At the same time, they promise that the plan will be affordable to the federal budget, even given the constraints their most conservative […]
I do favor some role for the government. One idea for overcoming the free rider problem is mandatory health saving accounts and catastrophic insurance. (The alternative is letting people who choose not to be insured simply die when they are sick. Even if that’s the right policy, society is not willing to adopt it—so health savings accounts seem like a good second best policy.)
Obamacare is breaking down just as its critics predicted.
The spread of markets into the healthcare sector has allowed us to live longer than ever before.
Without young, healthy individuals buying insurance and thereby paying into the system, the government is finding itself saddled with the responsibility for supporting the healthcare of the older, sicker population.
Obamacare concentrates the health insurance market into politically connected health insurance firm at the expense of consumers.