healthcare

ACA Market Distortions May Not Allow Cancelled Policies To Be Reissued

<h2><a href="http://www.professorhollybell.com/wp-content/uploads/2013/11/ID-10071498.jpg"><img class="alignleft size-medium wp-image-2652" alt="healthcare" src="http://www.professorhollybell.com/wp-content/uploads/2013/11/ID-10071498-300x199.jpg" width="300" height="199" /></a>It may not be possible for 5,000,000 people to get their insurance back.</h2> <p>Over 5,000,000 people have lost their existing health insurance under the Affordable Care Act. Even though they liked their health insurance, they were not able to keep it. These people then experienced significant sticker shock when they went to purchase health coverage in the new Exchanges. The President's solution is to reauthorize health insurance companies to reissue the "banned" policies for an additional year.  Forget for a moment the debate about whether the President has the ability to unilaterally modify the requirements of the ACA, the greater immediate concern for those who lost their insurance is: Can insurance companies actually turn those policies back on? What the President doesn't understand is that it isn't that easy.</p> <p>Let's consider the health insurance market at the aggregate level. While I've never worked

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Obamacare

From Reason.com – Obamacare’s Authoritarian Problem

<h2><a href="http://www.professorhollybell.com/wp-content/uploads/2013/11/ID-10071137.jpg"><img class="alignleft size-medium wp-image-2638" alt="Obamacare" src="http://www.professorhollybell.com/wp-content/uploads/2013/11/ID-10071137-300x226.jpg" width="300" height="226" /></a>Consumer choice trumps coercion every time.</h2> <p>David Harsanvi at Reason.com argues why your judgement about which healthcare option is best for you is better than the collective judgement of 51.1% of the electorate.</p> <p>"Let me put it this way: There's this Chinese restaurant near my house. It's not the cleanest place, granted. And the folks who "work" there are, it seems, completely uninterested in my dining experience. The food is priced accordingly. But I love the dumplings. It's really all that matters to me. There's another Chinese place nearby. This one is newer. It has a friendly and attractive staff. It offers me clean silverware, and I walk on expensive contemporary tiles. All that classy stuff is nice, and it's also embedded into the price of my dumplings -- which are no better. I don't want to pay for the tiles. I just

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Obamacare

A Busload of Silicon Valley Programmers: The Senator John McCain Solution to Obamacare

<h2><a href="http://www.professorhollybell.com/wp-content/uploads/2013/10/ID-10089802.jpg"><img class="alignleft size-medium wp-image-2618" alt="Obamacare" src="http://www.professorhollybell.com/wp-content/uploads/2013/10/ID-10089802-198x300.jpg" width="198" height="300" /></a>Is the private sector the solution to a public sector problem?</h2> <p>I haven’t been blogging much lately. This is primarily due to the overall heightened state of daily outrage I’ve been walking around in for about the last year and a half. A friend told me this morning that this is a privilege reserved for those of at least 70, but I’m an old soul who has been telling cars to slow down since I was in my 20’s. I can’t live by your outrage privilege rules, man.</p> <p>I try to touch on issues and perspectives others aren’t addressing and I’ve found those subjects difficult to find lately, but Senator John McCain helped me out this morning. I was watching Fox News while eating my scrambled egg whites (another sign I might be 70) when the Senator suggested—and I paraphrase—that the solution to

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Obamacare

What Might “Obamacare” and the Healthcare Industry Look Like in 2038?

<h2><a href="http://www.professorhollybell.com/wp-content/uploads/2013/09/ID-100175875.jpg"><img class="alignleft size-medium wp-image-2606" alt="Obamacare" src="http://www.professorhollybell.com/wp-content/uploads/2013/09/ID-100175875-240x300.jpg" width="240" height="300" /></a>"Regardless of government healthcare mandates or other regulatory policies, market forces are always at work...Obamacare is a bad idea that may only get worse."</h2> By Holly A. Bell Regardless of government healthcare mandates or other regulatory policies, market forces are always at work and will mold the healthcare market to adjust to the new regulatory environment. If governments are unable to regulate away market forces, what impacts might the full implementation of the Affordable Care Act have on the healthcare market twenty years after full implementation? Using a basic economic principle, we can make some predictions about costs and demand and infer how the healthcare market and regulators might respond. <h3>Third party payer systems</h3> The primary goal of the Affordable Care Act is to ensure all American’s have affordable healthcare by creating a system of available and affordable health insurance. By doing so the government

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