Monday, August 24, 2009
Oregon Health Plan Denies Chemo Medicine
Happy Monday! This is a sad and sorry video; coming to an America of the future if we get ObamaCare.
Tuesday, August 11, 2009
On Life Expectancy
Life expectancy in the United States fares poorly in international comparisons, primarily because of high mortality rates above age 50. Its low ranking is often blamed on a poor performance by the health care system rather than on behavioral or social factors. This paper presents evidence on the relative performance of the US health care system using death avoidance as the sole criterion. We find that, by standards of OECD countries, the US does well in terms of screening for cancer, survival rates from cancer, survival rates after heart attacks and strokes, and medication of individuals with high levels of blood pressure or cholesterol. We consider in greater depth mortality from prostate cancer and breast cancer, diseases for which effective methods of identification and treatment have been developed and where behavioral factors do not play a dominant role. We show that the US has had significantly faster declines in mortality from these two diseases than comparison countries. We conclude that the low longevity ranking of the United States is not likely to be a result of a poorly functioning health care system.
Read the entire paper here.
HT: Tyler Cowen at Marginal Revolution
Thursday, July 30, 2009
Tuesday, July 28, 2009
Words of economic wisdom from Nancy Pelosi
Blue Dogs who are dragged into Speaker Pelosi’s office should be aware of just how she is selling the health care bill. Yesterday, she told supporters it represented “real change,” because it meant “a cap on your [health care] costs, but no cap on your benefit.”
Yup. This is the kind of ass-backwards economics that is driving health care "reform" by Democrats. Doesn't Pelosi understand that what she is proposing is simply economically untenable? Apparently not. Here's a video of Ms. Pelosi selling her brand of economics.
Monday, July 27, 2009
Health Care - Canadian Style
Yes, I know that Democrats and the White House are not proposing universal health care like in Canada. But the Canadian system started small and it eventually crowded out any semblance of the free market.
Friday, July 24, 2009
A Bill To Force Congress To Sign Up For ObamaCare
It really is telling when Senate Democrats voted against requiring all members and their staffs to enroll in any new government-run health plan. That's right. It's not good enough for them but fine for the great unwashed. Even Mr. Socialist, Bernie Sanders, wouldn't sign himself up for the government-run health plan. Only brain addled liberals would support this ponzi scheme.
Saturday, July 18, 2009
Libertarians Discuss Health Care On National T.V.
Penn Jillete, John Stossel, and Glenn Beck discuss health care reform. Good stuff.
Tuesday, July 14, 2009
Single Payer health care Does Not Mean less Bankruptcies
Saturday, July 11, 2009
Walmart and The Noose Of National Health Care
I find it hard to believe that none of the liberal commentators breathlessly celebrating Wal-Mart's "capitulation" on national health care have even entertained the most parsimonious explanation: that Wal-Mart is in favor of this because it raises the barriers to entry in the retail market, and hammers Wal-Mart's competition. Yet somehow, this appears nowhere in any of the analysis...
On the other side, there is regulatory capture. Wal-Mart is always going to have a seat at the table when employer mandates are discussed, because Wal-Mart is the nation's largest private employer. Target and Macy's probably won't have a seat at the table. So Wal-Mart can influence the rules in ways that benefit Wal-Mart at the expense of the competition. This is partly because the regulators often cycle into jobs at the firms they regulate, but also simply because the regulator's attention is finite, so being consistently at the table allows you to shape their views over time. Again, this isn't some kind of crazy right-wing analysis; regulatory capture was first diagnosed by a Marxist historian named Gabriel Kolko.
Walmart has pulled one of the oldest tricks in the book and it has positioned itself rather nicely to beat down competitors with nary a liberal backlash. Once again we see how a government scheme tilts the playing field in favor of big business. I don't fault Walmart for their tactic. In fact, I think that its the most rational approach to a federal government that is threatening to create a frightful business environment.
Thursday, July 2, 2009
Massachusetts State Sponsored Health Care is a FLOP!
Only 26 percent of likely voters in Massachusetts believe health care reform has been a success and just 21 percent believe reform has made health care more affordable, according to newly released poll results. The Rasmussen Reports poll of 500 likely Massachusetts voters, taken in April, also found only 10 percent said the quality of health care is getting better under the reform law rules here.
For more read Rasmussen Reports.
Wednesday, July 1, 2009
Tuesday, June 23, 2009
Competing With The Government
Thursday, May 21, 2009
The Art of Spin In The Health Care Debate
Wednesday, February 11, 2009
Saturday, March 29, 2008
Health care in Canada
Here is another short film by Stuart Browning on Health Care in
Wednesday, March 19, 2008
Universal Healthcare Pitfalls.
Who is REALLY uninsured in America?
One More Problem With National Healthcare.
From The Christian Science Monitor
“Healthcare expenditures in the US rose 6.7 percent in 2006 to $2.1 trillion, or 16.1 percent of the nation's total output of goods and services, government economists reported last month. (Last week, the government predicted the nation's healthcare expenditures will reach $4 trillion by 2017.) Most other rich industrial nations, with universal care, spend only 11 to 12 percent of their gross domestic product on healthcare. Canada spends even less, a bit more than 9 percent of GDP, on a single-payer government insurance system for all its people.”
“
Comment: Those individuals that wax poetically about the myriad benefits of universal health care seem to be missing a key fiscal issue that looms large in our national future: As baby boomers start to retire en masse, the ratio of workers to beneficiaries will go from four to one to roughly two to one. The shock to future tax revenue should be cause for some alarm if not rapid action.
Currently, Medicare and Medicaid federal spending is larger that what we spend on national defense. And it is a sure bet that medical costs will continue to rise faster than the rate of inflation. The portion of the federal budget allocated as an entitlement for seniors and the poor as medical care will become a larger percentage of our GDP: According to the Congressional Budget Office, Medicare spending will essentially double from 2007 levels in 10 years and Medicaid spending will nearly do the same. Both programs will consume 12 percent of GDP by 2030. (See CBO study here.)
Now, knowing that we have a looming fiscal storm looming on the horizon, does it make sense to call for a national health care plan right about now? If we provided health care for everybody in this country, we would expand the federal expenditure to health care far beyond our current and future revenues from tax receipts. We would have to raise taxes so high to cover future expenses that it would surely be a detriment to our economy. Any purported savings that is usually mentioned by universal healthcare advocates from having national health care would hardly matter in an economy that was hamstrung by extremely high taxes.
The true cost of a national health care plan has not really been brought to light this election year. We keep hearing populist rhetoric as presidential candidates try to garner votes from a public that wants easy and quick answers. Most people just want the surface details but none of the dirty underlying economic facts. Too complicated, too many graphs and besides government built the highways and sent a man to the moon. And as usual, we may end up with the government bureaucracy and all of the nasty cost we deserve.