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Tuesday, September 10, 2013

Health Care

News                                                                                                                             
National Journal | Maneuver on CR May Not Pacify Obamacare Critics
House Republican leaders plan to proceed with a vote Thursday on a stopgap spending bill to keep the government operating beyond Sept. 30, and they plan to include a rare procedural maneuver to force the Senate to vote on defunding President Obama’s health care law.
CNN Money | Big insurers ditch Obamacare exchanges
When Americans start shopping on the state-based exchanges next month, a couple of big insurers will likely be MIA.
Bloomberg | Development Banks Lend Record $108.9 Billion to Clean Energy
Development banks worldwide lent a record $108.9 billion to renewable energy and energy-efficient technology last year as they scale back investment in coal-fired power plants, Bloomberg New Energy Finance said.

Econ Comments & Analysis                                                                                            
Washington Times | Patient’s health insurance bill soars as Obamacare falters
Coping with advanced cancer, Bev Veals was in the hospital for chemotherapy this summer when she got a call that her health plan was shutting down. Then, the substitute insurance she was offered wanted her to pay up to $3,125, on top of premiums.
Mercatus | The Tax Exemption of Employer-Provided Health Insurance
The Federal government does not tax health insurance when employers provide it to their employees as part of a compensation package. This tax expenditure is the largest “loophole” in the federal tax code, resulting in nearly $300 billion in forgone revenue in Fiscal Year 2012, according to the Office of Management and Budget.
NBER | The Response of Drug Expenditures to Non-Linear Contract Design: Evidence from Medicare Part D
We study the demand response to non-linear price schedules using data on insurance contracts and prescription drug purchases in Medicare Part D.

Blogs                                                                                                                             
Heritage Foundation | 10 Ways Obamacare Isn’t Working
It’s obvious because the Administration keeps trying to “fix” it—to no avail. It has delayed parts of the law, ignored others, and carved out exemptions for its political allies.