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The Goodman Institute Health Blog

Author: John C. Goodman

How the IRA Bill Subsidizes the Rich

Posted on March 23, 2023March 23, 2023 by John C. Goodman

The benchmark premium for an exchange plan in Prescott, Arizona, for a family of five with a 60-year-old household head is $50,923 in 2023.

  • If that family made $150,000, they would qualify for a subsidy of $38,173.
  • If that family made $350,000, they would qualify for a subsidy of $21,173.
  • If that family made $500,000, they would qualify for a subsidy of $8,423.
  • This family does not lose subsidy eligibility until they make more than $ 599,000.

The projected cost per newly insured is nearly $14,000 a year over the next decade—a high amount that shows that most of the new spending is simply replacing private spending with government spending.

Brian Blase testimony

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Thursday Links

Posted on March 23, 2023 by John C. Goodman
  • Bill Gates: AI will revolutionize health care in the third world.
  • Why do physicians “care” about their patients, any more than scientists care about a lab rat? Should they?
  • HHS: surprise billing arbitrators are being swamped with claims. That’s because the law was poorly implemented.
  • California’s highest concentrations of electric cars — between 10.9% and 14.2% of all vehicles — are in ZIP codes where residents are at least 75% white and Asian. 
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Tuesday Links

Posted on March 21, 2023 by John C. Goodman
  • California is making its own insulin.
  • The two leading covid origin theories — lab leak and Wuhan wet market — could both be true.
  • An electronic tattoo can track your emotions.
  • UT Austin has invented a version that fits on your palm.
  • Three out of four Florida kids are in a school of choice that is different from their assigned local school.
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Monday Links

Posted on March 20, 2023 by John C. Goodman
  • FREOPP: Switzerland leads the world in health care innovation.
  • Misspending and fraud in pandemic relief may be as high as $400 billion. Can we get the money back?
  • IRS: You can use your HSA, HRA or FSA to pay for a gym membership, so long as you doctor “prescribes” the membership, say, for weight loss.
  • Biden supports “gender affirming” pediatric care.
  • New and more rigorous study: Women who married had a 35% lower risk of death for any reason, lower risk of cardiovascular disease, less depression and loneliness; and they were happier and more optimistic, and had a greater sense of purpose and hope.
  • EVT is creating radically better outcomes for stroke victims, but only a handful of hospitals offer it. Telemedicine helps. (NYT)
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For many years, our health care blog was the only free enterprise health policy blog on the internet. Then, when the NCPA closed its doors, the health blog stopped as well.

During this five-year hiatus no one else has come forward to claim the space. So, my colleagues and I have decided to restart the blog in connection with the Goodman Institute. We invite you and others to use this forum to share your views.

John C. Goodman,

Visit www.goodmaninstitute.org

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