Insurance, when prices are based on risk, sends clear signals about the relative safety of behaviors and can alter consumer choice for a safer and more stable society. But when certain parties seek protectionist policies to socialize risk, responsible people end up paying for the risky choices of others.
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The problem with Obamacare is Obamacare
This year, the COVID-induced expansion of the Affordable Care Act (ACA) will expire. Extending the expanded subsidies has become a point of contention between Republicans…
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Favorable selection in Medicare Advantage can’t be managed from the top
A previous post covered how the Centers for Medicare & Medicaid Services’ (CMS) attempts to mitigate upcoding have been unsuccessful. Another often-decried activity…
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Don’t socialize health care through private insurance
Four senators have introduced the “Supporting Healthy Moms and Babies Act,” which would mandate full coverage, no copays, no out-of-pocket costs for beneficiaries…