A new article at consumerreports.org suggests that the Patient Protection and Affordable Care Act* (PPACA) played a substantial role in the decline of annual personal bankruptcies that we have seen since the high of 1.5 million in 2010. As I showed several years ago, international bankruptcy data support the oft-heard claim that medical bills make up one of the biggest, if not the biggest, causes of personal bankruptcy. That is, if the United States has a...
Read More »Declinable medical conditions
Lifted from Alternet: Which ailments are on the list of preexisting conditions that can drive up prices for coverage? The Kaiser Family Foundation catalogs “so-called declinable medical conditions” before the ACA. AIDS/HIV Alcohol or drug abuse with recent treatment Alzheimer’s/dementia Anorexia Arthritis Bulimia Cancer Cerebral palsy Congestive heart failure Coronary artery/heart disease, bypass surgery Crohn’s disease Diabetes More listed below the fold....
Read More »Dancin With the Stars or “Why is there an Exemption for Representatives, Senators, and Washington staff?
After being confronted by TPM reporter Alice Ollstein about the exemption for Washington elected officials and their staff, it was obvious they were caught off guard. Read some of the answers dancing around the issue. New Jersey Republican Representative Tom MacArthur who proposed an amendment allowing states to opt out of key PPACA requirements. Read what he and other Republican House Representatives had to say when they were asked about the exempt to the...
Read More »Congressional Republicans looking Out for Your Health, Healthcare Insurance, and Their’s Too . . .
One Happy Republican House Representative If you have not been paying attention, it looks like the Republicans are getting ready again to submit another version of a PPACA/ACA repeal bill. New Jersey Republican Representative Tom MacArthur is proposing an amendment allowing states to opt out of key PPACA requirements. For example: - Preventative Care: The PPACA has 62 preventative measures or Essential Preventive Care benefits which are no cost to a patient....
Read More »Special elections
Five Thirty Eight‘s Harry Enten offers thoughts on current special elections for Congress: So, keep an eye on the special elections over the weeks and months to come. Next Tuesday, voters in traditionally red Georgia 6 will cast their ballots. If Democrat Jon Ossoff wins, it would be yet another sign that Republicans are in trouble nationally. If Republicans there do better than expected, it could indicate that California 34 and Kansas 4 are outliers....
Read More »To me the common assertion about health care reform reform and tax reform makes no sens
Various people have argued that Republicans decided to repeal and (very partially) replace Obamacare before moving on to tax reform, because Obamacare repeal (aka the American Health Care Act aka AHCA) would make it easier to permanently cut tax rates. To me this makes less than zero sense. The argument is that, since AHCA includes tax cuts, tax reform would start from a lower base, so it would be easier to write a tax reform bill which doesn’t add to the...
Read More »Robert Waldmann on Challenging Opinions
Via AngryBear Econ facebook page comes Dr. Robert Waldmann’s discussion of costs of healthcare and life expectancy on Challenging Opinions. (among several others such as supply side economics…click the link above)
Read More »Pence Makes Deciding Vote Allowing States to Defund Planned Parenthood
Second time Pence has cast the deciding vote in the Senate. Last VP to do so was Cheney in 2008. VP Pence has made it no secret he is opposed to allowing women the right to decide on having an abortions. While in Congress, Pence sponsored the first bill to defund Planned Parenthood in 2007 and when it did not pass then he continued the effort until it did pass in the House in 2011. More recently a Federal Court blocked a bill signed by then Indiana Governor...
Read More »Crazification Factor Smashed
Kung Fu Monkey has a sad. Paul Ryan has totally crushed his crazification factor h/t Kerry Eleveld This issue has made Paul Ryan into the most unpopular politician in the country. At the start of the Trump administration he had a 33% approval rating, with 43% of voters disapproving of him. Now his approval has plunged to 21%, with his disapproval spiking all the way up to 61%. I count this as a new event, because Ryan is very famous and 82% is respectably...
Read More »Blinded by the Right — Literally
Patrick Ruffini tweeted a graph showing a break in the trend of health care cost inflation with the ironic comment “The “Affordable” Care Act sure has bent the cost curve.” In the graph he posted, it is broken not bent. h/t @ChrisDeLong_ The trick is that the graph starts in 1996 & includes college tuition and software, so the huge change looks tiny. In comments, it is clear that other people can’t see what is right in front of their eyes (good thing...
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