This fall the Supreme Court will settle a longstanding debate whether doctors in training, better known as medical residents, are “students” or “employees” of their respective institutions. The terminology is not merely semantics inasmuch as $700 million dollars annually in tax revenue is at stake. The Federal Insurance Contribution Act (FICA) specifically provides an exemption from Social … [Read more...] about Animal Farm for Medical Residents
Wreckage of ObamaCare
The Obama administration is refusing to accept the disastrous dynamics it has set into play with its monstrous health-overhaul law.Instead of recognizing the economic reality of what they’ve done, officials are railing at the companies and industries that are responding in perfectly rational ways to the incentive structures they have set up.But the result is an avalanche of bad news for consumers … [Read more...] about Wreckage of ObamaCare
Disastrous Dynamics
The Obama administration is refusing to accept the disastrous dynamics it has set in play with its monstrous health overhaul law. Instead of recognizing the economic reality of what they've done, officials are railing at the companies and industries that are responding in perfectly rational ways to the incentive structures they have set up. Here's the latest avalanche of bad news for consumers … [Read more...] about Disastrous Dynamics
Time and Tide Wait for No Patient
Republicans and Democrats would both agree the recently passed Patient Protection and Affordable Care Act will expand the role of government. Liberals argued for this increase based in part on their confidence in what they view as success in the federal government’s current involvement. They embrace the argument that Medicare has been able to control costs by using its sheer size to … [Read more...] about Time and Tide Wait for No Patient
The Red Tape Blues
Employers are confused and fighting mad about the huge costs and paperwork burdens that will hit them as a result of Obamacare.“We just need to know how much this is going to cost us,” one businessman said at a meeting of the Association of Washington Business in Blaine, Wash., on Wednesday.But at this point, the answer is just not knowable, since regulators still have to write so many … [Read more...] about The Red Tape Blues
The Red Tape Blues
Employers are fighting mad about the huge costs and paperwork burdens that will hit them as a result of ObamaCare, as I heard first-hand over the last week in talks with employers from Washington D.C. to Washington State. In a talk Wednesday to the Association of Washington Business in beautiful Blaine, WA, (as far as you can go northwest and still be in the U.S.), employers are confused, … [Read more...] about The Red Tape Blues
The Next Endangered Species: Doctors
When President Nixon signed the Endangered Species Act in 1973, it is doubtful anyone contemplated the “Humanis doctoris.” But despite recent efforts to open new medical schools and increase the size of existing medical school classes, a severe physician shortage looms on the horizon.In November 2008 the Association of American Medical Colleges looked into the supply of doctors and predicted a … [Read more...] about The Next Endangered Species: Doctors
How to Tame the ObamaCare Leviathan
Opinion polls over the last several weeks show President Obama not only has failed to build public support for his health care overhaul. He is actually losing ground. The percentage of likely voters who want ObamaCare repealed now ranges from a low of 56% to a high of 60%.If opponents can corral the lowest number in that range, they have a good chance of scuttling this unpopular … [Read more...] about How to Tame the ObamaCare Leviathan