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Are conservatives opposed to the rationing of medical care, or do they just want somebody else to do the dirty work? Judging by Rep. Paul Ryan’s plan to balance the federal budget primarily by curbing funding for Medicare and Medicaid, it’s hard to avoid the latter conclusion. Probably … By Robert Hahn, Peter Passell | Tags: Congressional Budget Office, Medicaid, Medicare, Paul Ryan | Category: Health Care Reform |
 Leave a commentAs widely reported, a federal judge in Virginia has parted company with two other federal judges, ruling that the provision of the new health care act requiring everyone to buy insurance was unconstitutional. Bad news from the perspective of supporters of health care reform. Or maybe not. [READ MORE...] By Robert Hahn, Peter Passell | Tags: Health Care Act, individual mandate, Medicare, single-payer system | Category: Health Care Reform, Quick Takes |
Leave a commentAs everybody knows, Pres. Obama unveiled a $350 billion mini-stimulus package last week, one consisting of accelerated investment write-offs, a permanent tax credit for R&D and another round of infrastructure spending. We hope (but doubt) he can convince Congress to go along: With unemployment seemingly stuck above 9 percent, the … By Robert Hahn, Peter Passell | Tags: Medicare, payroll tax, Social Security | Category: Tax Policy |
Leave a comment…John Holahan and Bowen Garrett’s estimate of the reduction in uncollectible medical care bills that will follow from the expansion of health care insurance? As everybody knows, hospitals can’t (legally) turn away sick people. So when the uninsured are treated, somebody has to eat the lion’s … Howard Gleckman spotted a revenue provision in President Obama’s health care package that would generate an estimated 86 percent of its revenue from tax filers reporting incomes in excess of $624,000. He’s unhappy with this Medicare tax add-on because it is less transparent (and therefore more politically … By Robert Hahn, Peter Passell | Tags: Howard Gleckman, Medicare, TaxVox | Category: Health Care Reform, Quick Takes |
Leave a commentWe all know that the Rube Goldberg machine known as the American health care system is riddled with misincentives that reduce its efficiency. But Leemore Dafny, Katherine Ho and Mauricio Varela point to a big source of loss we’d never … By Robert Hahn, Peter Passell | Tags: adverse selection, Katherine Ho, Leemore Dafny, Mauricio Varela, Medicare | Category: Health Care Reform |
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Professor Dieter Helm (Oxford) is a very fine fly fisherman, and an even better economist. If you haven’t done so, take a look at his new book “The Carbon Crunch: How We Are Getting Climate Change Wrong — and How to Fix It” for a bit of unconventional wisdom. He argues that politicians and the general public have not shown any real interest in addressing climate change. Helm argues that places like Europe should focus on setting a price for carbon that would cover consumption (and not just production), and that fracking could be a good “bridge” technology for reducing consumption of coal. The book is readable and insightful for those interested in the inside track on climate policy. 
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