Tag: Health Insurance

Checking Up On Health

Health Policy Briefs Compiled by Benita M. Dodd “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 medical bills. The study found that average health… View Article

Checking Up On Health Care

Health Policy Briefs July 31, 2012 Compiled by Benita M. DoddWhere have all the doctors gone? What if you added to the ranks of insured individuals but didn’t have the medical staff to care for them? Americans may be about to find out. Roughly one-third of the country’s physician workforce plans to retire or leave their practice in the next 10 years, according to Georgia-based Jackson Healthcare’s Physician Practice Trends Survey 2012. The top two factors for leaving were economic factors and federal health care reform. The general physicians most likely to leave medicine within 10 years include general surgeons, family practitioners, emergency medicine physicians and obstetricians/gynecologists. Specialists most likely to leave in the next 10 years… View Article
By Dennis G. Smith The U.S. Supreme Court’s recent decision on the Patient Protection and Affordable Care Act (PPACA) guarantees the debate over health care will continue. Supporters of the PPACA want to convince the public that everything is settled and any opposition is just politics. But opponents are not out to score political points. We believe now, as we did two years ago, that the economic assumptions used in the debate are flawed and the policies are wrong for the nation. Since the court’s decision, the law’s supporters insist that Obama policies are successful because the cost of health care is declining. But that is not the case. Americans know that cost and spending are not the same thing.… View Article
By Ronald E. Bachman Conservatives have long promoted the expansion of individual health insurance over employer-based health insurance. Despite the sense in individual ownership, however, only about 5 percent of policies sold in the United States are to individuals. It’s not for want of trying: Interstate insurance purchasing of individual policies was a key item in the Republican “Pledge to America,” right after tort reform. Cross-state selling of health insurance is part of Mitt Romney’s “Repeal and Replace” health reform proposal. There are several reasons for the paucity of sales to individuals: Individuals lack the same employer-based tax advantages; it isn’t as lucrative for agents to sell policies one at a time; group sales reach more people faster,… View Article
By Kelly McCutchen What if someone proposed a law to tax working families $5,000 or more if they purchase health insurance? Such legislation would have no chance of passing. Yet it is, in effect, a painful reality for many Georgia families. More than 400,000 Georgians work in small businesses that don’t offer health insurance. A fundamental flaw in the federal tax code since the 1940s excludes these individuals from the massive tax exemptions available through employer-purchased health insurance. Here’s a typical case of how the penalty hurts families: “Kenny” was a loan officer at a community bank. As part of his compensation, the bank offered a comprehensive health care plan that covered Kenny, his wife and two daughters. The premium… View Article
Georgia should establish a small business health insurance marketplace outside the “additional layers of cost, complexity and rigidity” associated with federal health care reform mandates. That is the recommendation from a twenty-five member committee appointed by Governor Nathan Deal.   The political question will soon become:  Should Georgia begin that process now or wait until after next summer’s highly anticipated U.S. Supreme Court health care reform decision? The Georgia Health Insurance Exchange Advisory Committee report issued Monday proposed development of an exchange “through private or limited quasi-governmental means” as either a non-profit or public corporation.  The report did not establish a timetable.  A minority view said the 2012 Legislature should “authorize a basic structure for an individual health insurance exchange” that… 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