Writing in the Wall Street Journal, John Goodman says the Editors got it right and the economists at AEI and Brookings (along with MedPAC) got it wrong. The Medicare Advantage program is saving the government money. More
One reason why the two parties can’t reach some sort of compromise is that neither party has been willing to tackle the three biggest problems that afflict the market the Affordable Care Act created. On the buyer side, we have been trying to force people to buy insurance they would never buy with their own money. On the seller side, we have been trying to force insurers to enroll people they do not want to enroll. And on both sides of the market, we have created perverse incentives that cause costs to be higher and quality lower than would otherwise have been the case. More
In the battle for liberty, we lost a warrior last week. But Ed Crane left us a legacy that will endure for a long, long time.
Why both parties missed an opportunity to reform Medicaid. Why they missed an opportunity to reform the Obamacare exchanges. Why partisanship is the biggest obstacle to sensible health reform.
Watch Dr. Goodman’s talk to the Public Affairs Luncheon Club in Dallas.
To our knowledge, the Goodman Institute is the only public policy think tank that has called for the complete inversion of the Food Pyramid, and we first did it under the Biden administration. In his latest post, John Goodman reviews the food wars – going back more than 160 years – and concludes that on this issue RFK Jr. appears to have the better argument.
Pete Sessions and John Goodman give details on how Trump’s approach to health reform might work. People would be able to buy insurance that meets their needs. If a medical need arises that is not covered by their chosen plan but is covered by Obamacare plans, people would be able to switch to a silver plan in the exchange. Roth Health Savings Accounts could be used for all primary care and other out-of-pocket costs. Money not spent could be withdrawn for other purposes with no taxes or penalties. More.
Where you find the most woke thinking in America you also find the most vocal and visible display of antisemitism – especially on college campuses…. What makes woke woke is the tendency to pick out a single characteristic (such as skin color) and make that the defining characteristic of everyone’s identity. Implicitly, the defining characteristic is more important to determining identity than all other characteristics combined. More.
Whenever there is head-to-head competition to meet the same needs, markets routinely outperform government. For that reason, in Part I and Part II I argued that we should rely on the private marketplace to meet all the health care and health insurance needs it can meet. The role of government should be restricted to meeting only important needs that the market leaves unmet.
Here is the final suggestion:
Rule 3: Eliminate public policies that give people perverse incentives to raise costs and reduce quality.
Today, multiple special interests are shaping our health care system. Fortunately, there are opportunities to defy the special interests and enact sensible reforms if we follow three simple rules. In Part I, I discussed:
Rule 1: Let the private marketplace meet all the health care needs it can meet, leaving to government any important needs that are left unmet.
Here is the follow-up:
Rule II: Apply Rule I to the health insurance marketplace.
How can we resolve the impasse in Congress over health care spending? Bipartisanship should be possible as long as we follow three simple rules. Here is the first one:
Rule 1: Let the private marketplace meet all the needs it can meet, leaving to government any important needs that are left unmet.