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Friday, April 19, 2013

Health Care

Econ Comments & Analysis                                                                                            
NBER | How do Hospitals Respond to Negative Financial Shocks? The Impact of the 2008 Stock Market Crash
The theory of cost-shifting posits that nonprofit hospitals respond to negative financial shocks by raising prices for privately insured patients.

Blogs                                                                                                                             
Heritage Foundation | Democratic Senator: Obamacare a “Train Wreck Coming”
At a hearing yesterday, author and supporter of Obamacare, Senate Finance Committee Chairman Max Baucus (D–MT), revealed his unease about the law’s confusing implementation to Health and Human Services Secretary Kathleen Sebelius, who is in charge of implementation.