John C. Goodman

Think Tanks Unite Behind a Health Plan – Finally!

Think Tanks Unite Behind a Health Plan – Finally!

The plan was prepared for the Trump administration by John C. Goodman (father of Health Savings Accounts) and Marie Fishpaw (Heritage Foundation) and published by National Review Online.  The plan features such patient friendly ideas as portable health insurance and doctor consultations by means of phone, email and Skype.

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Goodman: Don’t Repeal the Cadillac Plan Tax; Replace It

Goodman: Don’t Repeal the Cadillac Plan Tax; Replace It

This week, the House repealed the tax on expensive employer-provided health plans. The tax is favored by economists because otherwise, the tax law would be subsidizing health spending – no matter how wasteful. However, John Goodman says the only good that is done by the tax is done in a very crude and ineffective way. Congress should replace the tax, he says – giving employers and their employees the option of a tax credit instead.

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Kotlikoff: The Banking System is Ripping Off Ordinary Depositors

Kotlikoff: The Banking System is Ripping Off Ordinary Depositors

The Federal Reserve is paying banks 2.35 percent on their reserves. Banks are paying depositors only 0.06 percent. Competition would eliminate that gap and sensible reform would eliminate the risk of another Great Recession, says economist Laurence Kotlikoff. He points to a “narrow banking” reform, which he first proposed with John Goodman in

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Trump’s Radical Reform of Medicare, Part I

Trump’s Radical Reform of Medicare, Part I

Donald Trump is using his executive authority far more aggressively than Obama ever did. He is not just circumventing Democrats. On health care, he is circumventing the entire GOP. Republicans in Congress, their special interest friends and think tank supporters have shown almost no enthusiasm for any of this. On the Hill, there have been no hearings. No legislation. No briefings. Not even a speech or two. In the meantime, the Trump administration is reforming the entire health care system. John Goodman and Lawrence Wedekind describe the changes in a two-part post at Forbes.

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Trump’s Radical Reform of Medicare, Part II

Trump’s Radical Reform of Medicare, Part II

Donald Trump is using his executive authority far more aggressively than Obama ever did. He is not just circumventing Democrats. On health care, he is circumventing the entire GOP. Republicans in Congress, their special interest friends and think tank supporters have shown almost no enthusiasm for any of this. On the Hill, there have been no hearings. No legislation. No briefings. Not even a speech or two. In the meantime, the Trump administration is reforming the entire health care system. John Goodman and Lawrence Wedekind describe the changes in a two-part post at Forbes.

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Laurence Kotlikoff, Interview with Retirement Cafe About Retirement Planning

Laurence Kotlikoff, What Should First-Time Home Buyers Consider When Choosing a Neighbourhood?

If you have children, the quality of schools is critical. But, in general, the question to economists, of which I’m one, is the expense of buying into the neighborhood compared to cheaper locations, which may also have lower property taxes, but longer commute times and be less safe. My company has a lifetime financial planning tool, at MaxiFi.com, that lets you set up separate profiles and compare what you’ll have to spend, on an ongoing basis, after meeting your housing costs in each neighborhood and, potentially, paying for private schools or tutors if the local school system is below par.

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How Mayor Pete can win the presidency with one precise letter

How Mayor Pete can win the presidency with one precise letter

Like many Americans, I’d support any of the more than 20 Democratic presidential candidates over the current occupant of the White House. They are all qualified, articulate, thoughtful, patriotic grownups. Not one of them spent the Fourth of July thanking the Continental Army for securing LaGuardia.

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The $3.4 Trillion Retirees Aren’t Getting From Social Security

The $3.4 Trillion Retirees Aren’t Getting From Social Security

Bad Social Security Choices Cost the Average Elderly Household $111,000. United Income, a financial planning advisory service, just released an important study called, “The Retirement Solution Hiding In Plain Sight.” Using government data and proprietary software, it calculates how much money retirees have lost, and are losing, by making mistakes about when to start claiming Social Security benefits. United Income’s answer: a whopping $3.4 trillion or $111,000 per household! 

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