Money and Finance
States of Health - By Atul Gawande
This week, the centerpiece of the Affordable Care Act, which provides health-insurance coverage to millions of people like Sullivan, is slated to go into effect. Republican leaders have described the event in apocalyptic terms, as Republican leaders have described proposals to expand health coverage for three-quarters of a century. In 1946, Senator Robert Taft denounced President Harry Truman’s plan for national health insurance as “the most socialistic measure this Congress has ever had before it.” Fifteen years later, Ronald Reagan argued that, if Medicare were to be enacted, “one of these days you and I are going to spend our sunset years telling our children and our children’s children what it once was like in America when men were free.” And now comes Senate Minority Leader Mitch McConnell describing the Affordable Care Act as a “monstrosity,” “a disaster,” and the “single worst piece of legislation passed in the last fifty years.” Lacking the votes to repeal the law, Republican hard-liners want to shut down the federal government unless Democrats agree to halt its implementation.
The law’s actual manifestation, however, is rather anodyne: as of October 1st, healthcare.gov is scheduled to open for business. A Web site where people who don’t have health coverage through an employer or the government can find a range of health plans available to them, it resembles nothing more sinister than an eBay for insurance. Because it’s a marketplace, prices keep falling lower than the Congressional Budget Office predicted, by more than sixteen per cent on average. Federal subsidies trim costs even further, and more people living near the poverty level will qualify for free Medicaid coverage.
How this will unfold, though, depends on where you live.
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Atul Gawande And Charles Munger On Why More Health Care Isn't Better
Link to article: Atul Gawande And Charles Munger On Why More Health Care Isn't Better American health care is obsessed with more. But the industry is beginning to realize that more isn’t always what’s best for patients. Dr. Atul Gawande,...
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Interview With Atul Gawande - By Alex Howard
Found via Simoleon Sense. Dr. Atul Gawande (@Atul_Gawande) has been a bard in the health care world, straddling medicine, academia and the humanities as a practicing surgeon, medical school professor, best-selling author and staff writer at the New Yorker...
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Atul Gawande: Why The Uninsured Are Still Vulnerable
Tens of millions of Americans don’t have access to basic care for prevention and treatment of illness. For decades, there’s been wide support for universal health care. Finally, with the passage of Obamacare, two years ago, we did something about...
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Testing, Testing - By Atul Gawande
Thanks to Farnam Street for passing Dr. Gawande’s latest piece along. There are, in human affairs, two kinds of problems: those which are amenable to a technical solution and those which are not. Universal health-care coverage belongs to the first...
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Delivering Dividends With Owens & Minor Inc.
I currently own just 3 companies that are directly health care related, although I do own some health care REITs that provide additional exposure to the industry. According to a 2014 report from the Census Bureau, the 65+ population in the United States...
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