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Thursday, August 29, 2013

Health Care

News                                                                                                                             
National Journal | Obama's Affordable Care Act Looking a Bit Unaffordable
Independent National Journal analysis finds premiums higher under Obamacare as employers weigh dropping coverage.
CNN Money | Employers play Obamacare blame game
No more health benefits for spouses. Higher deductibles for employees. More cost-sharing.
WSJ | Prepaid Debit Cards Allowed as Health-Insurance Payment
The Obama administration said Wednesday it would require insurers to let uninsured Americans pay for health coverage this fall with prepaid debit cards rather than limit them to bank-account transfers, though it won't require insurers to accept automatic monthly payments from credit or debit cards.

Econ Comments & Analysis                                                                                            
WSJ | Here Comes the Unaffordable Careless Act
Harvard (and later Columbia) sociologist Robert K. Merton wrote in 1936 about the "unanticipated consequences of purposive social action." Pity that Barack Obama, an alumnus of both universities, either never read or took to heart Merton's warnings. It would have saved Americans a lot of misery.