News
National Journal | Here Comes the Hardest Part About Obamacare
For people like me who want the Affordable Care Act to work but who worry about the Obama administration's management record, this story in The Washington Post is foreboding: "Businesses Gear Up for Employer Mandate."
WSJ | Sick Drawn to New Coverage in Health-Law Plans
People enrolled in new plans under the health law are showing higher rates of serious health conditions than other insurance customers, according to an early analysis of medical claims, putting pressure on insurers around the country as they prepare to propose rates for next year.
Econ Comments & Analysis
Washington Times | The president’s Cronycare
Promises, promises. Once upon a time, Barack Obama said he would put an end to monkey business as usual in Washington. “First,” he said, “we will close the revolving door that has allowed people to use their administration job as a steppingstone to further their lobbying.” Like so many of the president’s campaign pledges, this one has proved to be a fairy tale.
WSJ | After A Lull, Health-Care Spending is Poised to Pick Up, Study Says
Health-care spending will accelerate next year for the first time since the recession ended, a reversal of a trend that could have broad implications for employers and the economy, a new study says.
NBER | Pharmaceutical Profits and the Social Value of Innovation
Prior research has shown that exogenous shocks to the demand for medical products spur additional product development. These studies do not distinguish between breakthrough products and those that largely duplicate the performance of existing products. In this paper, we use a novel data set to explore the impact of the introduction of Medicare Part D on the development of new biotechnology products.
