Phil Gramm and Mike Solon in the WSJ:
the idea that rich capitalists own corporate America is largely a progressive myth. Some 72% of the value of publicly traded companies in America is owned by pensions, 401(k)s, individual retirement accounts, charitable organizations, and insurance companies funding life insurance policies and annuities. The overwhelming majority of involuntary sharers in stakeholder capitalism will be workers and retirees.
Brian Blase gives 14 reason to do so.
Why are telehealth company stock prices in a nose dive?
An aspirin a day may hurt more than help.
The tax exclusion for employer provided health insurance is worth $352 billion and it allows employers to control $1.3 trillion of worker earnings spent on health insurance. Cato says we should end the exclusion and give the workers the money directly.
Obamacare mandated health plans have drug coverage. That drug coverage is basically worthless because high-deductibles and coinsurance (i.e. cost-sharing) ensures that most enrollees are paying for all of their prescription drugs out of pocket. Drug plans under Obamacare plans usually have tiered formularies and drug copays that vary based on the drug. When picking up a prescription it is often cheaper to whip out a drug discount card and pay cash than to whip out your health plan ID card and pay a copay.