Patient as paying customer vs. health plan as paying customer
In response to Wal-mart’s plan to expand its medical care offerings, John Goodman summarizes what happens when your health plan buys your health care rather than emulating how car insurance and home-owners insurance does, and how walk-in clinics are growing. Continue reading
Why You Don’t Have Real Health Insurance
“[H]ave you ever seen a commercial for health insurance that focused on why you actually need health insurance? That is, have you ever seen a health insurance commercial that told you that you need a really good insurer in case you get cancer, heart disease, AIDS, etc.?” John Goodman answers. Continue reading
Caldara speaks at Colorado Health Symposium’s debate on repealing/replacing health control bill
Jon Caldara points out that what we call health “insurance” is not insurance at all by comparing it to homeowner’s insurance, car insurance, and life insurance.
No surprise in Massachusetts: Central planning still fails
The Dec. 11 Associated Press article about health care in Massachusetts illustrates why central economic planning will always fail. As Nobel laureate Friedrich Hayek wrote: “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.”
A Radically Different Approach to Health Insurance
John Goodman of the National Center for Policy Analysis writes: [B]efore the current era, the most common form of health insurance — other than Blue Cross plans — was indemnity insurance with a fee schedule. A typical benefit consisted of so many dollars a day for each day in the hospital. Since the benefit was […]
White House economist: third-party payment increases health care spending
Last week I noted that President Obama does not know what health insurance is, and decries real insurance while praising prepaid health plans masquerading as insurance. I also posted about how ObamaCare, HR 3590, threatens real insurance policies, that is, HSA-qualified plans. Maybe the President should listen to one of his economic advisors. From the […]
