COMMENTARIES

How Would Free Market Health Care Respond To The Coronavirus?

How Would Free Market Health Care Respond To The Coronavirus?

Most patients would have a health kit in their home, with a temperature gauge, blood pressure cuffs and an oxygen sensor. Patients would have these because doctors, hospitals and health plans would encourage them. Patients with older models would call in the readings to their doctors. Newer models would send the doctor an automatic, electronic alert if there was reason to be concerned.

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Coronavirus and Health Reform

Coronavirus and Health Reform

Critics of President Trump’s response to the coronavirus crisis characterize it as knee-jerk, spur-of-the-moment, and grasping at any straw within reach. In fact, many of the executive actions we have seen in the past few days reflect a new approach to health policy that has been underway almost since the day Donald Trump was sworn into office.

These include the ability to be diagnosed and treated without ever leaving your own home; the ability to talk to doctors 24/7 by means of phone, email and Skype; and the ability of the chronically ill to have access to free diagnoses and treatments without losing their access to Health Savings Accounts.

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Obamacare at Age Ten

Obamacare at Age Ten

John Goodman writes: Many people lost the insurance they were promised they could keep. Many lost access to the doctor they were promised they could continue to see. Premiums have doubled. Deductibles have tripled. Provider networks are so narrow, people with serious health problems are routinely denied access to the best doctors and the best hospitals.

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How Obamacare Made Things Worse for Patients With Preexisting Conditions

How Obamacare Made Things Worse for Patients With Preexisting Conditions

One of the strange features of the national health care conversation is how it has evolved. What is often referred to as Obamacare began as an attempt to insure the uninsured. In fact, the initial Congressional Budget Office estimates predicted the Affordable Care Act would be largely successful in doing just that. Yet it was the Senate’s Democratic leader, Chuck Schumer of New York, who identified the political problem with that goal early on. About 95% of those who vote already have insurance, Schumer noted. So Obamacare was promising to spend a great deal of money on people who don’t vote.

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Market Tailspin: How Bad Could Things get?

Market Tailspin: How Bad Could Things get?

Are we going to have another Great Depression? Hard to see why not. According to the BLS, roughly a quarter of US workers work at home each day. If that could be doubled, a big if, and if no one could otherwise work, we’re still talking a reduction in output of 50%. Yes, all kinds of remote-working adjustments will be made, so maybe 50% turns into 25%, i.e. the Great Depression.

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Will the Stock Market Drop by Half?

Will the Stock Market Drop by Half?

Let me give you my partial list of the businesses that I think will go under. I think restaurants will fail. I think coffee shops will fail. I think dry cleaners will fail. I think airlines will fail. I think cruise boat companies will fail. I think hotels will fail. I think department and boutique clothing and other retail stores will fail. I think travel agencies will fail. I think movie theaters will fail. I think universities and colleges will fail. I think theaters will fail. I think theme parks will fail. I think spas will fail. I think resorts will fail. I think convention centers will fail. I think malls will fail. I think gyms will fail. I think orchestras will fail. I think hair salons will fail. I think nail salons will fail. I think barber shops will fail. I think bars will fail. I think every business that’s not online and involves customers will fail.

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Can we Stop the coronavirus from Creating a financial Crisis?

Can we Stop the coronavirus from Creating a financial Crisis?

I believe the only answer is to follow a more focused version of Italy’s hard-nosed policy: put the country into a nationwide monthlong quarantine, requisition labs and build new ones and use the month to produce hundreds of millions of virus test kits and millions of ventilators. When people leave their homes, they’ll need to be tested every few days and then every week for months to ensure there are no further outbreaks.

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Will the Coronavirus Kill the global Economy?

Will the Coronavirus Kill the global Economy?

Well, consider how passengers on the Diamond Princess cruise liner fared. On February 1, just one passenger had clear signs of coronavirus. Thanks to their on-board, two-week quarantine, 691 passengers are now infected for an infection rate of one in five. If the virus can reach so many so quickly, what can it do over time?

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Response to Coronavirus Reflects Trump’s Plan to Radically Reform Health Care

Response to Coronavirus Reflects Trump’s Plan to Radically Reform Health Care

Critics of President Trump’s response to the coronavirus crisis characterize it as knee-jerk, spur-of-the-moment, and grasping at any straw within reach. In fact, many of the executive actions we have seen in the past few days reflect a new approach to health policy that has been underway almost since the day Donald Trump was sworn into office.

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Paul Krugman Is Selling Snake Oil

Paul Krugman Is Selling Snake Oil

Krugman hates Republicans and hates economists who advise them. His specialty in trade is the argument ad hominem. He doesn’t just disagree with people; he psychoanalyses them. He attacks their character, their motives, their honesty and their morality.

But why attack Republicans? If we accept Krugman at his word, he cares about income inequality, racism and the lack of progress for people at the bottom of the income ladder. Republican politicians have very little control over any of that. In virtually every large city in the country, minority families are all too often forced to send their children to the worst schools. They live in the worst housing. They endure the worst environmental hazards. And in virtually every case, these cities are being run by Democrats!

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