Unbiased Analysis of Today's Healthcare Issues
Health insurance mandates increase health insurance cost. By compelling insurance companies to cover certain medical treatments, cost inevitably rise. Of course the people who receive these treatments benefit while those who do not must pay additional premiums. A recent paper by the Pacific Research Institute summarizes the findings of various studies of the impact of…
A recent report from Cover the Insured.org reviews the how health insurance trends have evolved over the last ten to fifteen years. The percent of uninsured individuals has increased from 16.0% of the population in 1995 to 17.5% of the population in 2006. The increase is entirely due to the increase in uninsurance among working…
The Bureau of Labor Statistics reports that Medical CPI is only 3.2%. This is less than the 4.1% average inflation rate over the past ten years and the 6.0% average medical inflation rate over the past 30 years. In most markets, a slowing economy reduces demand and reduces prices (see the recent decline in oil…