Across the United States, myriad pension and trust funds are in trouble. Serious trouble. The U.S Postal Service’s retiree health benefits fund is underfunded by $70 billion and will be depleted in 10 years. In Illinois, the state’s teacher pension fund…
Some people miss their own irony. Elizabeth Warren’s plan to pay for a one-size-fits-all national health insurance includes the promise of “strengthening FTC [Federal Trade Commission] oversight over health care organizations, including non-profit hospitals, to crack down on anti-competitive behavior.”…
Earlier this year Sens. Lamar Alexander (R-Tenn.) and Patty Murray (D-Wash.) proposed the “Lower Health Care Costs Act,” which purports to protect patients from surprise medical bills. In reality, it is a price-fixing scheme that would incentivize insurers to drop…
Trump Derangement Syndrome is real. Its symptoms include emotional instability, delusional behavior, and foaming at the mouth. While it’s easy to diagnose, it’s hard to treat and — unfortunately — its treatment is currently covered by no major health-care providers….
CNN hosted a climate change town hall event Wednesday night long enough to make eyes glaze over — in one case, with blood. The network placed dead last among the three major cable news channels in the ratings with an…
The United States has a complex health-care delivery system composed of private and government-funded insurance plans. Half of all Americans receive their health insurance from their employer or their spouse’s employer. Over 40 percent of Americans receive their health insurance…
Baby boomers beware. If you’re in your 50s or 60s and you’re counting on Medicare to pay your future hospital bills, you’re in for a shock. Medicare Part A — the fund that pays hospitals and nursing homes — is…
Monday’s release of the annual report from the trustees of Social Security and Medicare reminds us, this time all the more urgently, that Congress and the president are derelict in their duty. Without concerted action of the sort Ronald Reagan,…
Spending on America’s debt service is about to see a big jump, according to projections from the Congressional Budget Office (CBO). In fact, the amount of money needed to pay down the national debt in the next two years is…