Just Say No to Prescription Drug Price Controls
In a perverse misunderstanding of cause and effect, government regulators always seem to respond to their failures by calling for more of the same. If a policy fails to produce…
How Three Senators Forced McConnell’s Hand on ObamaCare
Ever since Republicans took the majority in the Senate, the use of budget reconciliation to put a repeal of ObamaCare on the president’s desk has been a juicy apple hanging…
ObamaCare Cronies Begging for Bailouts
Advocates of government intervention in markets usually frame the debate as a binary choice: “We need government to run things so the evil corporations don’t!” It’s an effective tactic, because…
The Senate Must Decide Whether It’s Serious About Ending ObamaCare
The irreparable structural flaws of ObamaCare are being revealed at a frightening pace. 12 of the state insurance co-ops have failed, insurance premiums just keep rising, enrollment is predicted to…
S&P Warns That Congress May Have to Increase Insurer Bailouts
Last week, I wrote about how insurance companies are receiving only a fraction of the money they asked for to compensate them for losses under the Affordable Care Act,…
Beer Lovers Despair. ObamaCare to Squeeze Out Small Brewers
Ever since home brewing was legalized in the late 1970s, the craft beer industry has become one of America’s most vibrant examples of entrepreneurship and small business. It doesn’t take…
Obama Mounts Desperation Tour to Sell ObamaCare
An old rhetorical question asks: "If social Security is such a great deal, why is it mandatory?" A topically apt paraphrase of this would be: "if ObamaCare is so good…
ObamaCare Bailout Shortfall Reveals Huge Structural Weakness
It’s always a good idea to look at the incentive structure behind any public policy. Analyzing how people are induced to behave, and the consequences of those behaviors, is a…
Insurance Premiums Would Be Nearly 25 Percent Lower If ObamaCare Hadn’t Become Law
Much of the recent news covering the failures of ObamaCare have focused on the collapse of the nonprofit cooperatives authorized by the law. Just last week, for example, Utah’s…
Nine and Counting: More ObamaCare Co-Ops Fold
Once upon a time, ObamaCare created 23 non-profit health insurance co-ops that were supposed to increase coverage while reducing costs. Doesn’t that sound nice? Well, this is a good time…