Commentary

Business & Economics

Instead Of The CHIPS Act Congress Should Address Patent Troll Abuse

President Biden and Democratic Party leaders are trying to take credit for seeding the next generation of innovations in the information technology sector. Crowing about their latest industrial policy, the CHIPS and Science Act, Senator Schumer stated that “the federal government [is] taking back the reins, putting money where its mouth is ...
Commentary

Read the latest on CA health care policy

California rues healthcare minimum wage increase

A minimum wage hike for healthcare workers in California was supposed to take effect this Saturday. But over the past week, Gov. Gavin Newsom (D-CA) and his Democratic allies have worked feverishly on legislation to postpone it. California Democrats haven’t suddenly become free-market acolytes. They’re worried that the wage increase, which may cost the state $4 billion this ...
Commentary

Biden’s Inflation Reduction Act Unravels Medicare Part D

In May, Medicare bureaucrats released new guidance that details how they’ll conduct the drug pricing “negotiations” authorized by the 2022 Inflation Reduction Act. They’re mostly maintaining the policies in last year’s inaugural round of price setting—which means the quality of seniors’ Medicare Part D coverage will continue to deteriorate. When President Biden ...
Commentary

Don’t Import British Methods For Rationing Access To Drugs

Earlier this year, European authorities recommended approval of tofersen, a new drug that treats a rare genetic form of amyotrophic lateral sclerosis, or ALS. That decision came nearly a year after American regulators granted the drug accelerated approval. Patients with that rare form of ALS in England aren’t so lucky. The National Institute for ...
Commentary

End Rampant Fraud in Federal Health Programs

The facts are astonishing: an estimated $1 billion a year in fraudulent payments, untold thousands of ineligible beneficiaries, and a public agency that refuses to conduct an audit. Welcome to the $60 billion-a-year Federal Employees Health Benefits Program, which provides insurance coverage for more than 8 million federal workers and their ...
Commentary

Mandating dental coverage will drive up the cost of insurance

The Biden administration finalized a rule last month allowing states to mandate that most individual and small-group health plans, including those for sale on Obamacare‘s exchanges, cover adult dental services. Mandating coverage of dental benefits may be politically appealing. But it will end up leaving a bitter taste in people’s mouths. Mandates cost money. Implementing ...
Commentary

Read the latest on drug pricing

Inflation Reduction Act Will Destroy Drug Access

Last month at a White House event, President Joe Biden and Sen. Bernie Sanders, I-Vt., took a victory lap for supposedly having “beat Big Pharma” through drug-pricing provisions in the Inflation Reduction Act. Beaming with pride, they hailed new powers for Medicare to “negotiate” drug prices as a historic achievement. But their self-congratulation rests ...
Commentary

Congress should take action to make telemedicine permanent

Congress faces a year-end deadline to extend its relaxed pandemic-era rules permitting greater use of telehealth by Medicare beneficiaries. If our lawmakers fail to step up, millions of seniors as well as privately insured patients could lose access to what has become an essential form of medical care. The expansion of ...
Business & Economics

Read the latest on carbon accounting proposals

Activists Use Shareholder Rights To Undermine Shareholders’ Interests

Led by CalPERS, the pension fund for California public workers, activist investors may oppose re-electing ExxonMobil ExxonMobil 0.0% chief executive Darren Woods to the company board. His sin: seeking greater clarification regarding proposals that shareholders have previously rejected multiple times. The issue arises because Environmental, Social, and Governance (ESG) activist investors Arjuna Capital and Follow ...
Commentary

Read the latest on short-term health plans

Biden Goes “Over The Top” In Latest Offensive Of The War Over Obamacare

The Biden administration just launched a new offensive in the decade-long regulatory war over Obamacare. It finalized a rule earlier this spring that severely restricts Americans’ ability to purchase short-term health plans—effectively rolling back a Trump administration rule that had greatly expanded access to them. The White House claims the new rule ...
Business & Economics

Instead Of The CHIPS Act Congress Should Address Patent Troll Abuse

President Biden and Democratic Party leaders are trying to take credit for seeding the next generation of innovations in the information technology sector. Crowing about their latest industrial policy, the CHIPS and Science Act, Senator Schumer stated that “the federal government [is] taking back the reins, putting money where its mouth is ...
Commentary

Read the latest on CA health care policy

California rues healthcare minimum wage increase

A minimum wage hike for healthcare workers in California was supposed to take effect this Saturday. But over the past week, Gov. Gavin Newsom (D-CA) and his Democratic allies have worked feverishly on legislation to postpone it. California Democrats haven’t suddenly become free-market acolytes. They’re worried that the wage increase, which may cost the state $4 billion this ...
Commentary

Biden’s Inflation Reduction Act Unravels Medicare Part D

In May, Medicare bureaucrats released new guidance that details how they’ll conduct the drug pricing “negotiations” authorized by the 2022 Inflation Reduction Act. They’re mostly maintaining the policies in last year’s inaugural round of price setting—which means the quality of seniors’ Medicare Part D coverage will continue to deteriorate. When President Biden ...
Commentary

Don’t Import British Methods For Rationing Access To Drugs

Earlier this year, European authorities recommended approval of tofersen, a new drug that treats a rare genetic form of amyotrophic lateral sclerosis, or ALS. That decision came nearly a year after American regulators granted the drug accelerated approval. Patients with that rare form of ALS in England aren’t so lucky. The National Institute for ...
Commentary

End Rampant Fraud in Federal Health Programs

The facts are astonishing: an estimated $1 billion a year in fraudulent payments, untold thousands of ineligible beneficiaries, and a public agency that refuses to conduct an audit. Welcome to the $60 billion-a-year Federal Employees Health Benefits Program, which provides insurance coverage for more than 8 million federal workers and their ...
Commentary

Mandating dental coverage will drive up the cost of insurance

The Biden administration finalized a rule last month allowing states to mandate that most individual and small-group health plans, including those for sale on Obamacare‘s exchanges, cover adult dental services. Mandating coverage of dental benefits may be politically appealing. But it will end up leaving a bitter taste in people’s mouths. Mandates cost money. Implementing ...
Commentary

Read the latest on drug pricing

Inflation Reduction Act Will Destroy Drug Access

Last month at a White House event, President Joe Biden and Sen. Bernie Sanders, I-Vt., took a victory lap for supposedly having “beat Big Pharma” through drug-pricing provisions in the Inflation Reduction Act. Beaming with pride, they hailed new powers for Medicare to “negotiate” drug prices as a historic achievement. But their self-congratulation rests ...
Commentary

Congress should take action to make telemedicine permanent

Congress faces a year-end deadline to extend its relaxed pandemic-era rules permitting greater use of telehealth by Medicare beneficiaries. If our lawmakers fail to step up, millions of seniors as well as privately insured patients could lose access to what has become an essential form of medical care. The expansion of ...
Business & Economics

Read the latest on carbon accounting proposals

Activists Use Shareholder Rights To Undermine Shareholders’ Interests

Led by CalPERS, the pension fund for California public workers, activist investors may oppose re-electing ExxonMobil ExxonMobil 0.0% chief executive Darren Woods to the company board. His sin: seeking greater clarification regarding proposals that shareholders have previously rejected multiple times. The issue arises because Environmental, Social, and Governance (ESG) activist investors Arjuna Capital and Follow ...
Commentary

Read the latest on short-term health plans

Biden Goes “Over The Top” In Latest Offensive Of The War Over Obamacare

The Biden administration just launched a new offensive in the decade-long regulatory war over Obamacare. It finalized a rule earlier this spring that severely restricts Americans’ ability to purchase short-term health plans—effectively rolling back a Trump administration rule that had greatly expanded access to them. The White House claims the new rule ...
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