Answer: Almost twice as much as the government claims.
COMMENTARIES
Hayworth on Fox: Obamacare Signups Are Down For a Reason.
Fewer people are signing up for Obamacare because Obamacare plans promise less than full value for money, says Nan Hayworth, a medical doctor, former member of Congress and a member of the Goodman Institute board of directors.
Is Early Retirement a Good Hedge Against Social Security’s Future Financial Troubles?
Assuming no tax increases, Social Security will have to cut benefits checks by 23 percent, beginning in 2034. So should you today start claiming benefit checks early – say, at age 62?
Why Did We Have a Great Recession?
Laurence Kotlikoff says the fundamental cause is a banking system that is inherently vulnerable to runs and panics.
Republicans Adopt a Health Care Vision
A new congressional resolution explicitly states what an ideal health system should look like: It should take care of sick people.
Employers Could Slash their Health Costs Overnight. So, Why Don’t They?
I am often asked if the free market can work in health care. My quick reply is: That is the only thing that works. At least, it is the only thing that works well.
Why is Anyone a Socialist?
Socialism is the most discredited ideology in the history of political thought. That’s assuming you don’t count cannibalism as an ideology.
What You Need To Know About Medicare For All, Part II
Blahous estimates that the administrative cost of private insurance is 13%, more than twice the 6% it costs to administer Medicare.
What You Need To Know About Medicare For All, Part I
Quite a few Democratic candidates for office this year are campaigning on the idea of enrolling everyone in Medicare. It’s not just the left. A significant number of doctors in the American Medical Association are for it.
Kotlikoff: WSJ Article on Retirement Gets it Wrong
A recent Wall Street Journal article by Dan Ariely and Aline Holzwarth suggests that most people dramatically underestimate how much money they will need in retirement.