When people are spending below their deductible they will not spend a dollar unless they expect to get a dollar’s worth of value. But when they are above their deductible they may spend a dollar even though the service is worth far less than what they pay.
Because I am often called the “Father of Health Savings Accounts” people sometimes assume that I favor high deductible health insurance. I don’t. In fact, I don’t really favor deductibles at all.
“The problem with Obamacare is that it is focused on finding the money to pay for what good health care costs; instead we should be focused on lowering the cost of health care so that people can afford it.”
Do you know what is the most severe fine, penalty or punitive tax imposed under Obamacare?
On more than one occasion, President Obama has said that the core idea behind Obamacare came from the Heritage Foundation and Politifact rates the claim as “mostly true.”
Obamacare is having a large effect on the market for low-wage labor. How do l know that? I did something most economists never do. I asked. I’m not alone. A lot of enterprising reporters have asked as well.
For most of his career as an editorial writer for The New York Times, Paul Krugman has been an unapologetic advocate of single-payer health insurance or “Medicare for all,” as he sometimes calls it.
Here’s a warning for Hillary Clinton, Bernie Sanders and Donald Trump. Before getting government more involved in controlling drug prices, take a close look at the mistakes that have already been made (and that are not being corrected) and the human suffering these mistakes are causing.
Inequality was the single most popular topic when economists gathered at their annual convention in San Francisco last month. But here is what everyone should know.
There are two things almost all health economists are in agreement about: (1) you cannot have successful reform of the health care system if you ignore the 150 million people who get health insurance through an employer and (2) the way we currently subsidize employer-provided health insurance is very wasteful and inefficient.