Health care sharing ministries have been around for years, and they fill a niche in a diverse insurance market shattered by Obamacare. The Affordable Care Act (Obamacare) has provisions that allow sharing ministries to coexist with Obamacare plans, which makes many consumers happy, but irritates some Obamacare advocates. It’s been a year since I last wrote…
- US plans to rejoin UNESCO. Trump pulled us out because the organization is flagrantly anti-capitalist and anti-US. Biden is not only rejoining; he has agreed to $619 million in “arrears” payments.
- More than 90% of cancer centers are impacted by drug shortages.
- Cato paper on new technologies: Should we try to avoid harmful effects by regulation or by tort law?
- Is woke culture the reason Hollywood can’t make good movies any more – unless it recycles old plots and themes?
- Two different views of AI:
The New York Times: “Generative A.I. Can Add $4.4 Trillion in Value to Global Economy, Study Says,”
We have written about Medicare hospice care several times in the past. John Goodman wrote about a new Medicare pilot program where the same health plans that manage seniors’ medical care will also manage their hospice benefits near end-of-life. I wrote about how Medicare hospice care is growing by leaps and bounds, which is attracting scammers who enroll ineligible patients (not likely to die in six months) and gouge taxpayers for care that is inappropriate.
The New York Times published an article on the difference in hospice care provided by nonprofit versus for-profit organizations. Purportedly, nonprofit organizations are a better value.
Covid-19 relief aid was the greatest opportunity for graft in the nation’s history. The Associated Press called it The Great Grift, saying:
Fraudsters used the Social Security numbers of dead people and federal prisoners to get unemployment checks. Cheaters collected those benefits in multiple states. And federal loan applicants weren’t cross-checked against a Treasury Department database that would have raised red flags about sketchy borrowers.
Criminals and gangs grabbed the money. But so did a U.S. soldier in Georgia, the pastors of a defunct church in Texas, a former state lawmaker in Missouri and a roofing contractor in Montana.
All of it led to the greatest grift in U.S. history, with thieves plundering billions of dollars in federal COVID-19 relief aid intended to combat the worst pandemic in a century and to stabilize an economy in free fall.