Vice President Kamala Harris campaigned against the idea of patients having to get private insurance company approval prior to receiving medical care. She was worried about the paperwork and the delay it might cause for patients. Now, the Biden administration is…
Stagflation, which reigned during the presidency of Jimmy Carter, occurs during an unusual confluence of events: high inflation, low economic growth, and high unemployment. Normally, high inflation happens during periods of rapid economic expansion and low unemployment. On the opposite…
Imagine you walk into a grocery store and instead of shopping for food based on quality and price, the market does not post any prices. You fill up your shopping cart with anything that looks attractive. At the checkout stand,…
Regardless of a person’s political views, we can all agree that rising cost is a major problem with our health-care system. Last year, Americans spent 18 percent of our economy, or $3.6 trillion, on health care. The ever-increasing cost curve…
Death, taxes, and surprise medical bills. The arrival of all three is certain — a moment both definite and dismal to mark the closure of otherwise totally uncertain experiences. And as we wait, whatever the cost and whatever the pain,…
While people on the political left continue to demand a “Medicare for All,” single-payer health-care system for the United States, Americans should understand the looming financial unsustainability facing the existing Medicare program. Medicare began in 1965 as single-payer, government plan…
This is the penultimate of a quadrilogy, I guess, for readers who have become my family over the years. In the aftermath of my losing my precious wife of 20 years, Ellen the love of my life, I share observations…
With COVID-19, Americans are suddenly on a kick to talk about personal responsibility and health care. People have been harassed and bullied out of stores for not wearing a mask. Much handwringing has gone into debates about whether or not…
Acting with uncharacteristic urgency, Congress passed a $2.2 trillion spending bill to address the economic fallout of the coronavirus pandemic. The measure includes a patchwork of cash payments to individuals and aid for some businesses. The bill calls for spending…