Book Review: Priceless

I recently read a very interesting book by John Goodman titled “Priceless: Curing the Healthcare Crisis“. Whereas President Obama’s Health Reform plan focuses on increasing access to medical services by expanding the government’s role in the medical marketplace, Goodman advocates reducing regulation and adding flexibility to the health insurance and medical markets. The book is…

Rationing comes to Massachusetts

Massachusetts legislature passed a first-in-the-nation bill limits the growth of health care costs in the state. “The bill would not allow spending on health care to grow any faster than the state’s economy through 2017. For five years after that, any rise in health care costs would need to be half a percentage point lower…

Aetna bets on Obamacare

Today, Aetna, the third-largest U.S. health plan, agreed to buy Coventry Health Care for $5.6 billion.  Aetna paid a 20 percent premium for Coventry.  Why is Coventry such an attractive target? The answer is that President Obama’s Health Reform will greatly expand the number of people eligilbe for Medicaid.  Since many states are moving towards…