Category: Politics

HCC risk adjustment formulas for ACA Exchanges

HHS announced the new risk adjustment formulas proposed for the ACA Health Insurance Exchanges on December 7, 2012. Here is the citation and direct link. Department of Health and Human Services. HHS Benefit and Payment Parameters for 2014, and Medical Loss Ratio. 2012 [Dec 7 2012]. Available from: http://www.gpo.gov/fdsys/pkg/FR-2012-12-07/pdf/2012-29184.pdf Focus only on the first 33 […]

US Affordable Care Act and Risk Adjustment

Although there is no accompanying paper, I thought it might be useful to post the PowerPoint slides that I have used in several recent talks about the US since there is an enormous interest in a relatively concise summary of the features of the ACA. Since my area of particular interest is risk adjustment, there […]

What are current marginal income tax rates?

A great deal of political discussion has focused on what taxes the wealthy and poor  pay, and often the focus is ONLY on the Federal Income tax. It is important to recognize that that there are many other taxes, and none are as progressive as the Federal income tax, and hence fall on low to […]

What I Wish Obama Had Said

Alternative Debate Speech Text that President Obama Could Have Used at the First Presidential Debate on October 3, 2012[i] Randall P. Ellis Boston University, Department of Economics October 6, 2012 On Taxes We have heard a lot of talk from the Republicans about the importance of lowering taxes on people earning more than $250,000 which […]

Top 25 Economics Web sites

Top 25 Economics Web sites http://topsitesblog.com/economics-websites/ This list is interesting to browse, or to select a few to include on your own web site. Interesting that the BU Blog the Incidental Economist made it to #6. Here is the direct link. 6. The Incidental Economist is a blog focused on economics, U.S. health policy, politics, […]

Presidential positions on health reform

Two articles about the health reform states the positions of the two presidential candidates from the NEJM http://www.nejm.org/doi/pdf/10.1056/NEJMp1211514    

Stirring but informative Clinton nomination speech for Barack Obama

I highly recommend to you the YouTube link to Bill Clinton’s 49 minute Nominating Speech for Barack Obama. Of particular use to health economists are his comments on the implications of the Romney-Ryan discussion of Medicare and Medicaid, I recommend that you watch the segment from 28:10 to 36:10. http://www.youtube.com/watch?v=JeqNmaawCVw Watch 28:10 to 36:10 to […]

NEJM article on the Supreme Court Decision

I was leaving for vacation the day of the supreme court decision on the ACA, and did not make a posting. The following 2.5 page article from NEJM provides a nice summary of the decisions, which are slightly more complex than has been presented in the media.  The author is a law professor at Suffolk […]

Americans Elect is on Ballot in 25 states

Looking ahead 20 years, it is inconceivable to me that the US will sustain its current archaic primary system for selecting presidents. The new party Americans Elect is one possible new approach. It is getting little publicity relative to the Republican Primary, even though AE is now on the ballot in 25 states. Along with […]

Major cuts to SEC budget preceded the 2008 recession.

I emailed a chart similar to the one below (through 2009) to the BUHealth email list in July 2009. Note how the SEC budget was cut from 2005-2008. It was not a surprise that terrible things (Madoff, AIG, Lehman, etc.) became much more of a problem. My view is that George W. Bush and the […]

MBTA considering halting weekend service

I urge people from MA to sign the following petition. Halting weekend commuter rail service would be a detriment to the city, state and the environment. Visit the site to see the wording of the petition. Subject: Save Jobs, Environment & Accessibility Hi, In an effort to reduce the deficit of Massachusetts’ public transit system […]

Which US Presidents Grew the Public Debt Fastest?

This figure, based on US treasury numbers, is in nominal dollars. Each president is credited with the debt created in the year after leaving office since budgets are largely set the year before. Democratic presidents were in office for $4.6 trillion in debt since 1960, Republican presidents for $9.9 trillion. The rate of increase in […]

Austin Frakt: TheIncidentalEconomist.com

My colleague Austin Frakt, who also uses WordPress, has a terrific blog with a significant focus on health economics. Visit it at: http://theincidentaleconomist.com/ _____________________________ Austin Frakt, PhD Boston University School of Public Health Health Economist Blog: TheIncidentalEconomist.com Twitter: @afrakt

Brocolli and Insurance Mandate

This is an excellent short NEJM article summarizing why the federal government does have the authority to mandate that people buy health insurance.   Written by a Harvard Law School professor. The Irrelevance of the Broccoli Argument against the Insurance Mandate Einer Elhauge, J.D. N Engl J Med 2012; 366:e1January 5, 2012 Favorite passage: “Others argue […]

Kotikoff is running for president!

Our own BU Economics professor Larry Kolikoff is running for president. http://money.cnn.com/2012/01/05/news/economy/laurence_kotlikoff_2012/ Here is his announcement. http://kotlikoff2012.org/ He is proposing to run in the American’s Elect party. http://www.americanselect.org/ Good luck Larry!

Jon Gruber’s Health Care Reform

I highly recommend to you Jon Gruber’s new book “Health Care Reform: What It Is, Why Its Necessary,  How It Works” which was just published Dec. 20. It is written as a comic book to be highly accessible and concise, yet very well thought out.