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insurance

How Far Away Can Skynet Be?

Derek Hunter  Remember the Terminator movies and the evil electronic overlords of Skynet – the computer system that became self-aware and launched the war against humans? We aren’t there…yet. But we are fast approaching the point where people simply aren’t necessary to conduct a significant amount of business and life. There won’t be a single […] Read More →

Walter E. Williams: Things I Don’t Understand

 There are things that really puzzle me. Some life insurance companies charge lower premiums if you haven’t made a life-shortening lifestyle choice. Being a nonsmoker is one of them. Actuarially, that makes sense because the life expectancy for smokers is at least 10 years shorter than for nonsmokers. Insurance company policies charge higher premiums to […] Read More →

Letter from California: Brown the ‘Abortion Champion’

Susan Calloway Knowles,  Governor Jerry Brown: Abortion ‘Champion’ California Gov. Edmund G. “Jerry” Brown Jr., has been busy lately continuing to champion the cause for abortion rights in California. Brown recently signed a bill into law that would require all insurance companies to provide abortions under their policies. The result would require all employers, even […] Read More →

The Republican Obamacare Battle Plan for 2015

 If Republicans capture control of both houses of Congress in November, they will have a golden opportunity to lay the groundwork for a market-based health-care overhaul — a goal that can only be achieved after the next presidential election. Repeal of Obamacare, and replacement of it with a complete set of conservative reforms, should remain […] Read More →

Republicans Won’t Have Obamacare Forever

 Yesterday the news was that Republicans have cut back (albeit certainly not eliminated) their Affordable Care Act-based advertising; today Greg Sargent reports that Senator Mark Pryor, an Arkansas Democrat, actually claims credit for provisions of that legislation in a new TV ad. Pryor doesn’t say that he helped pass “Obamacare,” or even that he helped […] Read More →

Have insurers found new ways to avoid the sick?

 Ending insurance discrimination against the sick was a central goal of the nation’s health care overhaul, but leading patient groups say that promise is being undermined by new barriers from insurers. The insurance industry responds that critics are confusing legitimate cost-control with bias. Some state regulators, however, say there’s reason to be concerned about policies […] Read More →

New Medicaid enrollments top 7 million under Obamacare

 More than seven million Americans have gained health coverage through government programs including Medicaid since enrollment in Obamacare health insurance was launched October 1, the U.S. administration said on Friday. The U.S. Department of Health and Human Services (HHS) said 7.2 million new participants in Medicaid and the Children’s Health Insurance Program by June brought […] Read More →

Banks Aren’t Too Big to Fail Unless They Fail

 Here’s the Government Accountability Office announcement and study on whether there’s a too-big-to-fail subsidy for big banks. The answer is no-ish but it’s complicated. It’s complicated in part by the fact that the GAO ran 42 different regression models, and they all got different answers: All 42 models found that larger bank holding companies had […] Read More →

Paul Ryan Gets It Right. Will Liberals Listen?

 Representative Paul Ryan’s new anti-poverty plan, released yesterday, is more ambitious than I had expected. I didn’t expect him to tackle criminal-justice reform, for example, but his plan calls for softening mandatory-minimum sentences for non-violent drug offenders. I didn’t expect the plan to include higher-education reform, but it has several worthy ideas, from reforming the […] Read More →