Here’s some bad news for the insurance industry: Unexpectedly generous corporate subsidies didn’t save companies selling Obamacare policies from bleeding red ink. The worse news: Those subsidies are set to expire in 2017, meaning that insurers will have to make ends meet without billions in handouts. Those are among the matters discussed in a study, published April 25 by the Mercatus Center, … [Read more...] about Obamacare’s Taxpayer-Subsidized Failure
Archives for April 2016
HSAs Under Attack in Obamacare Exchanges
The Obama administration is using its last year to try to kill the option that has the most promise to engage consumers in transforming our health sector around higher value, greater efficiency and lower costs. Liberals have a knee-jerk opposition to Health Savings Accounts, but until now, they have tolerated them and even allowed HSA plans to be offered in the ACA exchanges, largely because … [Read more...] about HSAs Under Attack in Obamacare Exchanges
‘Are Out-of-Pocket Medical Costs Too High?’ – NO: Artificially Lowering Costs Will Impede Crucial Innovation
Doctors who stare at computer screens rather than look at their patients. Mountains of incomprehensible medical bills and statements. Soaring premiums and deductibles. What do these have in common? They are the result of a system that does not provide meaningful incentives for innovation, cost-efficiency or higher-quality, consumer-friendly health care. Of course people want no out-of-pocket … [Read more...] about ‘Are Out-of-Pocket Medical Costs Too High?’ – NO: Artificially Lowering Costs Will Impede Crucial Innovation
Obamacare: The Gazillion-Dollar Startup Machine
Seth Sternberg was visiting his 65-year-old mother in Connecticut when he got the idea for his home-health-aide business, Honor. She'd picked him up at the airport, and he noticed that she was driving really slowly. He asked why. "And she was like, 'Well, driving's just harder than it used to be,' " he recalls. This got Sternberg's mind working. What if his mother were 75 or 85, and tasks like … [Read more...] about Obamacare: The Gazillion-Dollar Startup Machine