NCPA - National Center for Policy Analysis

Daily Policy Digest

Pharmaceutical Profits and Capital Markets

An interesting research article at the Health Affairs blog asserts there is no relationship between high U.S. prescription drug prices and drug companies' research and development budgets. The point of the article is to debunk the argument that research-based drug companies must earn high profits if they are going to reinvest in R&D. While the data are correct, the article misunderstands the nature of capital markets, writes NCPA Senior Fellow John R. Graham...

NCPA Experts Score the American Health Reform Act: Details will be presented at a Congressional Briefing March 15

The National Center for Policy Analysis' Tax Analysis Center recently scored the economic and revenue effects of the American Health Reform Act. The results? The Act would unburden the job market and increase workers' incomes due to the repeal of Obamacare taxes, but would bring in less federal revenues...

Tax Reform and the Border-adjusted Tax

Replacing the corporate income tax with a cash-flow business tax would increase the aftertax return to capital investment, encouraging economic growth. In contrast, border-adjusting the tax does not appear to accomplish the purpose its proponents seek, while penalizing exports from some countries (and favoring others) and raising prices for consumers, writes Pamela Villarreal and Joe Barnett...

Every State Must Close Obamacare's Special Enrollment Loopholes to Reduce Premium Growth

So, the Republican Repeal-and-Replace Obamacare train has finally left the station. Although free-market health reformers are divided on the merits of the American Health Care Act, as introduced by the Energy & Commerce and Ways & Means Committees of the U.S. House of Representatives, no-one can deny the Republicans have kept their promise to take up health reform as their first order of legislative business, writes NCPA Senior Fellow John R. Graham...

Replacing Obamacare With A Means-tested Tax Credit

Republicans in Congress may offer a means-tested tax credit to replace Obamacare. "Oh, the irony," exclaims one journalist: Don't those Republicans know Obamacare contains means-tested tax credits? It’s still Obamacare-Lite! No, it would not be, writes NCPA Senior Fellow John R. Graham...

Medical Tourism: An Odd Byproduct of High Drug Prices

On numerous occasions President Trump has lambasted drug companies for their high drug prices. He has suggested on more than one occasion Americans should be allowed to import medications from abroad where they are cheaper, writes NCPA Senior Fellow Devon Herrick...

Why Do Late Middle-Aged Women Allow Obamacare To Gouge Them?

In February, Professor Mark Pauly of the Wharton Business School wrote a short article proposing reforms to individual health insurance, in which he reminded us the biggest premium hike in the market for individual insurance consequent to Obamacare was among women in their 60s, writes NCPA Senior Fellow John R. Graham...

Repealing Obamacare Will Create Jobs

Obamacare channeled billions of dollars out of the productive economy and diverted it towards a health-services sector that has become even more bloated than it was before 2010. Many new health jobs are paper pushers, not doctors and nurses -- not the kind of jobs we should be bragging about, writes NCPA Senior Fellow John R. Graham...

5 Reasons the US Should Defund the UN Palestinian Refugee Program

American taxpayers and the average Palestinian have virtually nothing to show for the millions provided to UNRWA. The U.S. government and others must demand new solutions, writes David Grantham and Calev Michael Myers...

Trump's First 30 Days: Implementing the Regulatory Reform Agenda

In President Donald Trump's "Contract with the American Voter" ("the Contract") -- the president's plan of what he promised to do to in his first 100 days in office -- a key component is a pledge to reduce the regulatory burden on businesses, their employees, and consumers, and there appears to be solid public support for this policy change, writes NCPA Senior Fellow Thomas Hemphill...


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