Health Insurance Exchanges: A Race To the Bottom

The problem is that the actual insurance that health plans offer may be fairly lousy — perhaps just a little better than the typical managed care plan offered under Medicaid. That’s because of the way these insurance products are going to be regulated, and the way they will be priced under the federal scheme.

Obamacare threatens solvency of Colorado health plans

The notion that politicians can control health costs is a conceit of the ruling class. Health costs will only decline when patients, not politicians, directly control more of our health spending. This cannot happen until President Obama’s health law is repealed. In the meantime, CO should reject politicized control of insurance premiums.

Debt ceiling: Budget Deal Doesn’t Cut Spending

“Rs & Ds have come together on a ‘historic’ budget deal that … [the] Washington Post’s lead story calls the cuts ‘sharp’ and ‘severe.’ However, the budget deal doesn’t cut federal spending at all. The ‘cuts’ in the deal are only cuts from the CBO ‘baseline,’ which is a Washington construct of ever-rising spending.” – Chris Edwards, Cato

Politically-controlled health benefits exchanges crowd out private exchanges

Government has no business running health benefits exchanges. They compete with private ventures. Politico reports: “To some observers, the growing interest in private health exchanges indicates that employers would be less likely to send their employees to the public exchanges to take advantage of public subsidies.”

Will ObamaCare produce cascade of insolvent Colorado insurers?

ObamaCare threatens the solvency of private health plans, which will significantly reduce consumer choice and increase costs. …[In] Colorado, where one large health plan has already announced plans to leave the state, Graham’s analysis demonstrates a “cascade” of insolvency, whereby only five of the ten largest plans in 2009 will be operating in 2017.

Is the Colorado Health Benefits exchange built to fail?

Last week Governor Hickenlooper’s office announced the members of the Colorado Health Benefits Exchange Board. Paul Howard and Stephen T. Parente write why such exchanges are built to fail. Because of a “litany of new minimum-insurance requirements and regulations … health insurance purchased through an exchange will likely end up more expensive than it is now.”

Hickenlooper’s veto of SB 11-213 insults low-income parents

Published in the Boulder Daily Camera: Maintaining current Child Health Plan fees would not only be an injustice to taxpayers, but also an insult to eligible parents. The fees imply that parents value enjoying life’s amenities more than their own children’s health.

The FDA, Avastin, and death panels

“The FDA, stuck in its 1960s Thalidomide glory days mindset, denies Americans access to life-saving drugs. …[D]espite its intentions, [the FDA] drives up the costs of medicines & often dries up the supply chain altogether. America is currently facing a shortage of about 246 drugs – a record high.” – Milton Wolf, MD