insurance coverage

Insurance Reform in Virginia

Free-market reforms are hard to come by this year, but there’s just been a small victory for economic freedom and individual rights in Virginia. A bill enabling Virginia companies to offer life insurance benefits to people their employees choose, including same-sex partners, was passed overwhelmingly by the legislature in April. My friend Kelly Young discovered three years ago that Virginia law prevented his employer’s insurance company from selling him group life insurance on his partner. The company did offer such insurance in other states.

Yet. Another. Fraudulent. Cost Estimate.

House Democrats claim that a not-yet-released Congressional Budget Office report puts the cost of their revised health care overhaul at $940 billion over the next 10 years.

Though I have yet to see the CBO score, I’ll bet anyone a fancy lunch that it does not claim the legislation would cost the federal government just $940 billion from 2010 through 2019.

Trouble in Massachusetts

Yesterday, Cato released a new study, “The Massachusetts Health Plan: Much Pain, Little Gain,” which showed that official estimates overstate the gains in health insurance coverage resulting from a 2006 Massachusetts law by at least 45 percent.  The study also finds: supporters understate the law’s cost by nearly 60 percent; government programs are crowding out private insurance; self-reported health improved for some but fell for others; and young adults are responding to the law by avoiding Massachusetts.

Have the Democrats Outsmarted the Republicans on Health Care?

In their attempt to defeat Obamacare, Republicans have focused their criticism on the public option, painting it as the most objectionable feature of existing proposals. Senator Max Baucus, (D-Mont.), has now proposed a plan without the public option. This leaves the Republicans in an awkward position, especially since Baucus’s plan is projected to cost less than earlier proposals.

Subscribe to RSS - insurance coverage