Relevant and even prescient commentary on news, politics and the economy.

Very Excellent Post on Health Insurance Recisions

Robert Waldmann Taunter explains the link between Monte Hall and Health Insurance. Brilliant. Via Paul Krugman via Yves Smith so I’m sure you’ve read it already but if not click now click often. James Kwak at Baseline described the practice as rare, affecting only 0.5% of the population. The faint light bulb above my head […]

Re-tooling the Medicare/medicaid model

rdan I read the Op-Ed in the Boston Globe and asked Doug to write a piece or pieces in a more detailed fashion. There have been allusions to this issue as a cost factor, but no policy consideration here to date. Post by Doug Brown Due to the complexity of organizations today, there is commonly […]

Michelle Malkin and Larry Katz

Robert Waldmann is very very late with this one. Appears that long long ago (in blogtime) Michelle Malkin said that Larry Katz once wrote that unemployment insurance causes unemployment. I know Larry Katz, Larry Katz was my PhD co-supervisor, Larry Katz is a friend of mine and Ms Malkin, you’re no Larry Katz. Malkin was […]

July Auto Sales

By Spencer, July auto and light truck sales are being reported at 11.2 million annual rate. That is a very significant increase from the second quarter average of 9.5 million and implies that consumption in the third quarter GDP data will be up significantly. I do not have detailed data of how much of this […]

Energy & Commerce version of HR3200: a treat for the Read the Billers

by Bruce Webb How many people in the “Read the Bill” movement will in fact read the bill? Well here is their chance.HR3200: Energy and Commerce passed version I would be interested in knowing how this bill saves $100 billion over the version reported out by Education and Labor House Tri-Committee Health Care Bill. First […]

Will catastrophic only health insurance be rescinded in the end?

rdan Taunter explains how the .5% rescission rate figure discussed in the hearings on health insurance premiums and coverage is used to dismiss Congressional concerns as inconsequential and actually is a good business practice that will not change. It is worth going to the post to accurately follow the train of thought. Taunter concludes that […]

Models for health care organizations?

Tom aka Rusty Models for health care organizations? In a recent post I opined the Mayo Clinic and Cleveland Clinic, both favorites of President Obama, were not models for wide application to the rest of the nation. In response to a spirited debate (thanks Coberly) I wrote up these comments. Starting in the 90s a […]

The ‘Read the Bill’ Movement

by Bruce Webb Republican obstructionists to Obama’s agenda have developed a new tactic. Seemingly forgetful of how Republican majorties jammed through huge bills without letting Dems actually read them, they now insist that every Dem has to read every bit of every bill and more specifically the Health Care Bill. Well in reality that is […]

Stock market under Obama

By Spencer: Well at least the stock market seems to like Obama’s economic package. But every day I listen to CNBC analysts and others who seem to believe they did better under Bush’s and want to stick with the policies that generated a 40% stock market decline.

Declining customer base for insurers means declining companies?

rdan Slate has an article that is interesting. Are current health insurance companies a doomed model anyway? The declining numbers aren’t simply a function of job loss. A Bureau of Labor Statistics study released this week found that in March 2009, only about 70 percent of private-sector workers had access to employer-provided medical care benefits, […]