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Archive for April, 2016
Medicare Pays for Prevention – For the First Time

The Centers for Medicare & Medicare Services has announced that Medicare (that is, taxpayers) will pay for lifestyle-intervention program that prevents type 2 diabetes: In 2011, through funding provided by the Affordable Care Act, CMS awarded the National Council of Young Men’s Christian Associations of the United States of America (Y-USA) more than $11.8…
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Statism—the Broken Window Fallacy Writ Large

The success to date of Bernie Sanders’s campaign for the Democratic presidential nomination and the visible support for socialism on display among the U.S. public, especially among young adults, demonstrate once again the enduring vitality of economic nonsense and ideological folly. (Please note, however, that the foregoing statement should in no way be understood…
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Reconsidering “Must Vote” Arguments

As Americans move closer to November’s elections, the campaigns are gearing up to tell each of us how important it is to vote. One illustration is a recent Michael Barone article titled “A very few votes can make a big, big difference.” Barone makes his point by citing several close elections. Most prominent was…
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Blue Cross Blue Shield Confirms Obamacare Death Spiral

The Blue Cross and Blue Shield Association, which represents 36 Blue Cross and Blue Shield plans covering 105 million Americans, has just released a study of its members’ claims data in Obamacare exchanges 2014 and 2015. It confirms that Obamacare exchange enrollees are sicker and more expensive than enrollees in pre-Obamacare individual plans or…
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Beware Survivorship Bias

Suppose you wanted to know how many of the soldiers, sailors, and airmen who served during World War II were killed in that war. So you sent inquiries to a random sample of persons whose names were drawn from a list of all those who served in the military during the war, asking: Were…
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