“There isn’t a single honest health economist out there who agrees with…”

There has been much discussion over whether the Independent Payment Advisory Board (IPAB) created by the Affordable Care Act (i.e., Obamacare), can ration care.  Mitt Romney claims “an unelected board that’s going to tell people ultimately what kind of treatments they can have,” whereas President Obama notes that no provision in the law that empowers…

President Obama’s Health Care Plan

Here’s my take on President Obama’s health care plan. Tax credits for Health Insurance Premiums.  This will do nothing to change how much health care costs, it will just change who pays the premiums.  For middle class individuals, these subsidies will help make health insurance more affordable.  Because the wealthy won’t receive any subsidy (the…

Obama v. Nixon

In 2009, President Barack Obama addressed the nation calling for healthcare reform.  In 1974, President Richard Nixon also addressed the nation calling for healthcare reform.  Let us analyze Nixon’s speech and compare it to Obama’s. “Today the need [for reform] is even more pressing because of the higher costs of medical care.”  Obama echoes this…