Tag: exchange;

Checking Up On Health

Health Policy Briefs Compiled by Benita M. Dodd Benita M. DoddVice President, Georgia Public Policy Foundation “Can markets work in health care?” is the headline of a Forbes magazine article reminding us of a 1974 study that demonstrated how ownership promotes accountability and personal responsibility. RAND researchers randomly assigned more than 7,000 individuals into various types of health insurance policies: ones with completely free care (no cost sharing), ones with a modest deductible (e.g., $200) and 25 percent cost-sharing, and ones with the equivalent of high-deductible policies. All the cost-sharing policies had a maximum upper limit on out-of-pocket spending, meaning once a family spent 10 percent of income on health care, the policy paid 100 percent of the year’s remaining… View Article

…One of the best things about the Georgia Public Policy Foundation is that it has such a broad membership base.

Dr. Wendy L. Gramm, Former Chairwoman of the Commodity Futures Trading Commission more quotes