Daily Policy Digest
| House Republicans Working to Craft ObamaCare Alternative Because the third-party payment system isolates patients from actually paying the bills they incur, doctors do not compete on the basis of price, says John C. Goodman, president and CEO of the National Center for Policy Analysis... |
| Widowhood Leads to Higher Out-Of-Pocket Medical Expenses Upon widowhood, average monthly out-of-pocket medical spending rises by $34.25 and out-of-pocket nursing home expenditures increase by $24.11 per month... |
| Health Exchanges Could Lack Competition The American Medical Association estimates that a single insurance company held 50 percent or more of the market in nearly 70 percent of local markets nationwide, meaning many state insurance exchanges will lack competition... |
| Revisiting the High Tax Rates of the 1950s While the top tax bracket faced a marginal tax rate of 91 percent in the 1950s, less than one-tenth of one percent of Americans paid this rate... |
| Danes Overhaul Generous Welfare State Only 47 percent of Denmark's total population worked in 2012 and many of those who did worked short hours with all the perks, including an unofficial $20 an hour minimum wage... |
| The Impact of School Vouchers on College Enrollment African American college-enrollment increased by 9 percentage points, an increase of 24 percent, when a voucher was used for a private school... |
| Six Reasons to Oppose ObamaCare A loophole in the wording of ObamaCare means that states that refuse to create a health insurance exchange could protect the state's businesses from a $2,000 per employee fine... |
| Medical Loss Ratio Requirement Could Raise Insurer Profits The Medical Loss Ratio formula calculates the amount leftover for administrative costs and profits as a percentage of the total premium, not medical costs, meaning that higher premiums mean a higher overall premium take from which to calculate profits from... |
| Capitalist Profit Motive Reduces Pollution The transformation of industrial waste into lucrative byproducts is one trend that has ensured that pollution decreases while reliance on environmental resources is minimized... |
| New Bowles-Simpson Fiscal Plan Shows Promise According to projections, the new Bowles-Simpson plan will achieve $5.2 trillion in deficit reduction compared to $4.3 trillion in reductions in the Senate-passed and Obama budgets... |
