The “glitches” in the Healthcare.gov website are major, pervasive, and damaging to Americans’ ability to acquire health insurance under this law. And the President seems only willing to offer weak apologies for the problems, as evinced by his recent Rose Garden appearance. Now the media has become embroiled in the question of “how long” it might … Continue reading
The National Bureau of Economic Research has come up with a great new idea: let’s tax calories to make people thinner. “Raising the price of a calorie for home consumption by 10 percent may lower the percentage of body fat in youths about 8 or 9 percent, according to new research from the National Bureau of Economic Research,” writes Peter Whoriskey for the Washington Post. Continue reading
“I don’t think Obamacare is going to drive health insurance costs down.” These words, while common sense to the Right, prove startling when you consider where they were spoken today: at the liberal Center for American Progress, which has historically informed policies made by the Obama Administration. “All the evidence I can tell you as a business person who pays for health insurance is that it’s driving them way up,” continued Steven Brill, journalist and author of Time Magazine’s February lead story, “Bitter Pill.” Continue reading
Young Americans are faced with joblessness, skyrocketing school loans, and burdensome entitlement programs. Now, health care prices will be rising considerably, threatening “rate shock” on America’s consumers. Aetna is “cautioning that premiums for plans sold to individuals could rise as much as 50 percent on average and could more than double for particular groups such as the young and healthy,” according to the Washington Post’s N.C. Aizenman.
For Aizenman, the question is not whether these hikes are justified, but whether young consumers will skip health insurance entirely–and take the penalty instead. Continue reading