Robin Hood was a mythical figure from 12th Century England whose legend became famous for stealing from the rich to help the pool. His legend wasnt lost on Obamacare proponents, who incorporated the idea into health plan regulations.
The Affordable Care Act (ACA) was designed to force most Americans to buy something unaffordable so a few high-cost individuals can get coverage for less than they otherwise would. The inevitable result is that the Obamacare exchange has become a high-risk pool for people who are poorer or sicker than average.
Presidential candidate, Bernie Sanders rolled out his proposal for a single-payer health system, similar to Canadas and -- to a lesser degree -- Britain, Australia and New Zealand. Sanders Medicare for All proposal is a fairytale of wishful thinking and Robin Hood dreams.
The Affordable Care Act (ACA) was intended to solve the problem of affordable coverage for people with preexisting conditions by using an age-old strategy that politicians love.
Liberal public health advocates and left-of-center health policy wonks have long thought every American needs health insurance (they dont, but thats another discussion).
Presidential candidate Ben Carson unveiled his health care plan.
A recent post for the Los Angeles Times blog, Economy Hub, discussed a government report that found the number of Americans having trouble paying medical bills fell since Obamacare was passed.
Medicine during the Bronze Age was not for the faint of heart. Overcrowding, lack of sanitation and communicable diseases were common.
As I explained in last weeks column, the U.S. health care system is an unsustainable mess.
The U.S. health care system is unsustainable but it could be dramatically improved with more efficient care of our sickest patients. Medical spending is rising at twice the rate of income growth. Medical prices are rising at three times the rate of consumer inflation.
A recent New York Times article confirms a disheartening fact: Obamacare is a job killer. That comes as no surprise to economists who tried to warn Obamacare proponents six years ago. Employer mandates raise the cost of employing workers and, in the process, depress wages and reduce employment.
The Obama administration recently issued a press release extolling the 10 million people expected to enroll in the Healthcare.gov (Obamacare) Marketplace for 2016.
Why have some states expanded Medicaid while others have not?
As the year winds down to a close, many Americans face a tough decision. The third Obamacare Open Enrollment period began on November 1st. Many families are faced with a tough choice: purchase coverage they cannot afford for little tangible benefit, or pay an equally unaffordable penalty and hope they do not become sick.
Obamacare health insurance cooperatives are falling by the wayside like drunken ice skaters on a frozen pond. Four health insurance CO-OPs failed just this past week.
Medicare spent about $600 billion last year. Spending per Medicare beneficiary has risen from $385 a year in 1970 to a staggering $12,430 today. Its expected to reach about $19,000 by the end of the decade. However, spending isnt distributed evenly among all seniors.
Many generic drugs have recently shot up in price sometimes significantly and for no apparent reason. While there are numerous examples, several that are egregious comes to mind.
On Labor Day,the Obama administration distributed a news release crowing about an Executive Order the president signed requiring federal contractors to provide paid sick leave.
So-called Big Box retail stores are the dominant retail model when it comes to selling vast quantities of products at competitive prices.
Yet another health insurance COOP has failed. The Louisiana Health Cooperative will close its doors at the end of the year. This comes after the colossal failure of the largest health COOP earlier in this year Iowa-based CoOportunity Health. In addition, a COOP in Vermont failed to get off the ground in 2013 and was disbanded.