Daily Policy Digest
|The Real Lesson of John Oliver's Medical Debt Forgiveness Stunt
Late-night TV host John Oliver recently bought $15 million of medical bad debt, and then forgave it all (on TV). Medical debt collection is characterized by much pain for little gain. The real lesson of John Oliver's stunt is that government regulations make it nearly impossible for patients to discharge their debts in an orderly and responsible way, writes NCPA Senior Fellow John R. Graham.
|How the New Overtime Pay Rule Will Hurt the Middle Class
It is inevitable that businesses will make changes to their compensation model to offset the costs of the new overtime pay rule, writes NCPA Research Associate Danielle Zaychik.
|Obamacare's 2016 Average Rate Hike 8 Percent
Two pro-Obamacare sources confirm premiums in Obamacare's exchange plans increased by an average of eight percent from 2015 to 2016. General measures of price changes, such as Consumer Price Inflation, were effectively flat over the period. That is, the eight percent Obamacare premium hike was a real, not nominal, price hike, writes NCPA Senior Fellow John R. Graham.
|The Military's Top Priority: Global Warming?
The military's top priority should not be global warming, say NCPA Executive Director Allen West and Senior Fellow David Grantham in a cover article for Green Watch.
|Eight Thousand Non-Health Jobs Lost In May
The true scope of last week's miserable jobs report was disguised by the headline figure of 38,000 jobs gained. In fact, health services added 46,000 jobs while civilian non-health, non-farm employment dropped eight thousand. The warping of our economy towards the government-controlled health sector has crossed a tipping point.
|Principles of Financial Opportunity Reforms
Representative Jeb Hensarling introduced a pro-growth, pro-consumer strategy to replace the erroneous Dodd-Frank Act. Principles of Financial Opportunity reforms aim to do away with Too Big to Fail, simplify the complex regulatory system and shrink government’s presence in the marketplace in order to increase transparency and competition and further financial independence for American citizens. Hensarling’s plan to repeal and replace Dodd-Frank will foster a system that favors free-market solutions over government regulation. Hensarling delivered these remarks at the National Center for Policy Analysis Financial Crisis Summit on May 12, 2016 on Capitol Hill in Washington D.C.
|Pharmacists Group Pushing for Expanded ‘Preferred’ Medicare Networks
Preferred networks are at the root of how benefits managers have lowered drug costs for Medicare recipients, says NCPA Senior Fellow Devon Herrick in an article from Arizona Business Daily...
|How to Pay for Medicare
Rising numbers of retirees and excess cost growth have made it imperative that we chance how the Medicare is financed – or the cost burden will crush taxpayers, according to a new study by NCPA Senior Fellows Andrew J. Rettenmaier and Thomas R. Saving...
|Billions of Dollars Later, Veterans Health Administration Still Failing
Reacting to scandal, Congress bailed out the Veterans Health Administration, camouflaged as a method of allowing veterans more choice of healthcare providers, outside the government bureaucracy...
|Will You Ever Understand Your Hospital Bill?
A new crop of entrepreneurs and the federal government is trying to solve the problem of the medical billing process...