Monday, April 17, 2017

Conservative group in Minnesota provides complete analysis of healthcare problems in the state, and how Obamacare messed it up

When I lived in Minneapolis  (1997-2003) I sometimes went to forums held by the Center of the American Experiment, particularly those forums with a more libertarian focus.  The Cato Institute visited once, as did ABC libertarian-leaning journalist John Stossel.

Peter Nelson has a detailed article in the print version of “Thinking Minnesota” for Spring 2017, p. 44, “Anatomy of a Death Spiral: The loss of healthy enrollment leads to such an expensive risk pool that no one can afford to buy coverage, thus killing the market”.

I could not find the specific article online, but the writer has a huge page on the org’s website, with a video about getting away from employer-sponsored health insurance.

The article makes a case for state-sponsored higher risk pools for those with pre-existing conditions.  It also makes the case for older people paying more relative to younger people.  Indeed it makes the point that Obamacare tries to force younger and healthier people cover other people’s know pre-existing conditions with their own mandatory premiums, rather than rely on separating out the risk, which is what happens with other kinds of insurance (although one could wonder about the actuarial Anwisdom of the way some umbrella property and auto policies are set up).

Another article, on p. 34, “Disinherited”, by Diana Furchtgott-Roth, “explains how liberal policies betray America’s young”, criticizes Obamacare for forcing young adults to purchase coverage they don’t personally need, such as single men paying for maternity care or child care.  But this point as a moral backside, as I have often covered before.

Note the Rand video above, and “moral hazard”.

Note also Ezra Klein's article for Vox today, about the "real debate" among conservatives.

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