There is a new study at the Goodman Institute website that makes fascinating reading. Author Greg Rehmke writes:
Saturated fat as the major cause of obesity, diabetes, and cardiovascular disease in the U.S. and around the world. They promoted a low-fat diet with increased consumption of carbohydrates instead. Obesity in the US has been steadily increasing ever since.
The change: Under the ACA, the coinsurance rate in the “donut hole” is being reduced from 100% in 2011 to 25% in 2022.
The results: No change in drug use. No change in total spending. But seniors did switch from generic to brand drugs more often.
Click her to view/download the Study
HT: Jason Shafrin
Chris Jacobs writes:
The report makes for bracing reading. Funding an increase in spending equal to 10 percent of GDP—the cost of the most robust single-payer option—by an increase in labor taxes alone would require the average tax rate paid on labor income to more than double, from 17.7 percent in 2020 to 38.4 percent in 2030. Conversely, using a progressive income tax that applies to both labor and capital would triple capital gains average rates, from 15. 4 percent in 2020 to 45.4 percent in 2030.
As for the economic effects, this is from the CBO’s previous report: