Medical prices rise three times the rate of consumer inflation, while medical expenditure consumes nearly one-fifth of our economy. A primary reason wage growth has stalled in recent years is because the cost of employer-sponsored health coverage has skyrocketed. The average cost for an employee health plan for a family is about $25,000 according to Kaiser Family Foundation
Category: Policy & Legislation
Saturday Links
- Pride in America: it is lower, the younger people are (anti-Americanism in the schools?) and among Democrats.
- RFK. Jr. has second thoughts about wearables.
- Steve Moore’s idea on immigration: “Pay to Stay.”
- In the mega bill but often overlooked: the CHOICE option lets employers buy an individually owned exchange plan for the employees.
- What explains the boost in US labor productivity?
Friday Links
- John Goodman explains the GOP mega-bill to Bill O’Reilly.
- Michael Cannon: The GOP schedules most of the deficit increasing items (tax cuts and spending increases) in the early part of the budget window and puts most of the deficit reducing items (revenue increases and spending cuts) at the last part of the budget window.
- Blood test may indicate how long you will live.
- Over the past year, heath care has been responsible for over one-third of all employment growth.
- California leads the nation in housing shortages.
Consumers are Dropping Obamacare Due to the Poor Value
The Wall Street Journal reports Centene, a purveyor of Medicaid and Obamacare plans, is facing an earnings crunch as healthy Americans are dropping coverage because it is such a bad value.