The literature on the quality of Medicaid has mixed findings—some shows that having Medicaid is better than being uninsured; some shows the opposite. But virtually all of these studies suffer from a statistical issue that makes it impossible to tell whether or not it’s Medicaid or something else driving the results. This is because there are lots of reasons why people may enroll in Medicaid or decide to remain uninsured—and some of the reasons are completely unknowable to the researcher. For instance, developing a chronic condition that’s expensive to treat …
As small business goes, so goes the economy. They have been responsible for creating almost two-thirds of all net new jobs over the last 15 years. Indeed, one reason Obamacare is such a concern is that it will significantly reduce the incentive for small businesses to hire. Especially once the premium subsidies become available in 2014. The premium subsidies are Obamacare’s way of making health insurance more affordable for low-income earners who buy coverage in the new exchanges. Eligibility for a subsidy is limited to people who lack public or …
Many baseball fans and sports writers woke up yesterday morning scratching their heads to Cliff Lee’s decision to turn down a deal worth $154 million over 7 years with the New York Yankees to join the Philadelphia Phillies for a mere $120 million over 5 years. As ESPN columnist Jayson Stark put it, “Does anyone out there remember anything like this — a player who’d been portrayed as being obsessed with getting every possible dollar out there, who then decided he didn’t really need, like, 30 million of those dollars …
