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Archive for March, 2013
Will More Preventive Care Help Reduce Healthcare Costs?

The new healthcare law promises people on Medicare annual wellness exams, mammograms, prostate cancer screenings, and other preventive services—without any co-payment or deductible. The rest of the population will also have access to a lengthy list of preventive services. Unfortunately, the law that mandated these benefits contained no provision to make sure doctors will…
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Italy’s Populists

The populist reaction against Europe’s crisis continues to move south, as exemplified by the astounding success of the Five Star Movement led by comedian Giuseppe Grillo, which became Italy’s largest single party in the recent general elections. An organization that has been in existence for three years, the Five Star Movement has capitalized on…
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Don’t Rely on a Quack Doctor

A man goes to his doctor for a routine checkup. The doctor performs a perfunctory examination and informs him that unless he receives an experimental treatment the doctor has devised, he will soon become disabled. “What’s it cost, Doc?” the man asks. “Well, unfortunately it’s not cheap, Mr. Smith, and I can’t tell you…
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How Obamacare Will Affect Immigrants

If you are a legal resident alien, you will be required to obtain the same government-mandated health coverage that US citizens must obtain. However, if you have been here for less than five years, and if your income falls below 133 percent of the federal poverty level, you will not be allowed to enroll…
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The Federal Fiscal Horse Runs Uphill, but Not Downhill

Funny, isn’t it? When federal spending was accelerating like a race horse bolting out of a burning barn in FY 2008 and FY 2009, Congress did not encounter any insuperable problems in appropriating the huge amounts of additional funds (and running up the public debt rapidly to pay for its sudden extravagance), but now…
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Sequestration Math

The media are bombarding us with stories of how sequestration, with its “drastic cuts” in government spending, will affect our lives. Marketplace ran one yesterday about the USDA and the potential loss of federal meat inspectors. Don’t worry, we were told, the authorities won’t allow tainted meat on the shelves! But they might inspect…
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