Studies

Health Care

Health Insurance Exchanges: What If They Issued 347 Pages of Regulations and Nobody Cared?

The U.S. Department of Health and Human Services has issued regulations governing Health Benefits Exchanges and Small-Business Health Options Exchanges under the Patient Protection and Affordable Care Act (PPACA). • These regulations are poorly defined, confirming that the exchanges will empower state functionaries to reduce choice and competition in health ...
California

It’s Time to Neuter California’s Legislature

In June, several California legislators complained about having their pay cut by state Controller John Chiang because the budget they submitted by the June 15 constitutional deadline — the only deadline they seem to care about — was unbalanced. This latest budget drama shows why California needs a part-time legislature. ...
Health Care

Comparative Effectiveness Reviews: Quantitative Analysis of Research and Development Investment Effects

A based free-market think tank, examines an expanded quasi-federal comparative effectiveness review (CER) process and the negative effects on private-sector investment in research and development of new and improved medical technologies. Download the PDF San Francisco (July 15, 2011) — A new research study released by the Pacific Research Institute ...
Business & Economics

Educated Legislators, Bad Economy

California has the most educated legislators, according to a recent Chronicle of Higher Education study. Those stellar academic credentials, unfortunately, have not lifted the state from its economic malaise. California’s unemployment rate, as of May, is nearly 12 percent, higher than every state in the bottom five of the study. ...
Health Care

Bust or Bailout? The Future of Private Health Plans Under ObamaCare

A new research study released by the Pacific Research Institute (PRI), a California-based free-market think tank, shows how ObamaCare threatens the solvency of private health plans, which will significantly reduce consumer choice and increase costs. The ultimate result will likely be either a massive taxpayer bailout of private health plans ...
California

Lesson for California: Washington State’s Bipartisan Medicaid Reform Will Benefit Taxpayers and Patients

It’s a short law with big potential: SB 5596, signed by governor Christine Gregoire at the end of May, is only three pages long. Nevertheless it puts Washington State on a path to Medicaid solvency and sets an example for California and the nation. Remarkably, the law, sponsored by conservative ...
Business & Economics

Brown Busts the Budget

The California Legislature just passed a budget. Less than 24 hours later, the governor vetoed it, leaving many scratching their heads why Gov. Jerry Brown vetoed a budget from his own party. “For the first time in history, the state budget has been vetoed,” Brown said in a news conference. ...
Business & Economics

Federal Health Reform and Stock Market Returns of Health Insurers

The Patient Protection and Affordable Care Act (PPACA) would not have passed without the support of business interests in the health sector. • Stock prices of for-profit health plans have significantly outperformed the broader stock market since President Obama’s election in 2008, but also since the Republican “wave” of 2010. ...
Business & Economics

A Case for Affirmative Disclosure of Public Pensions

An appeals court has ruled that a public agency must hand over pension data to a newspaper. This is a welcome development but a recent case confirms that California remains far behind the curve on government transparency. The Sacramento Bee has been conducting investigations into public employee pensions and finds ...
Business & Economics

Medicare Auctions for Durable Medical Equipment: Price Suppression and Research and Development Investment

San Francisco (June 13, 2011)—A new research study released by the Pacific Research Institute (PRI), a California-based free-market think tank, reviews the auction design process currently established by the Centers for Medicare and Medicaid Services (CMS) for medical devices and equipment. That process creates important adverse economic effects: It yields ...
Health Care

Health Insurance Exchanges: What If They Issued 347 Pages of Regulations and Nobody Cared?

The U.S. Department of Health and Human Services has issued regulations governing Health Benefits Exchanges and Small-Business Health Options Exchanges under the Patient Protection and Affordable Care Act (PPACA). • These regulations are poorly defined, confirming that the exchanges will empower state functionaries to reduce choice and competition in health ...
California

It’s Time to Neuter California’s Legislature

In June, several California legislators complained about having their pay cut by state Controller John Chiang because the budget they submitted by the June 15 constitutional deadline — the only deadline they seem to care about — was unbalanced. This latest budget drama shows why California needs a part-time legislature. ...
Health Care

Comparative Effectiveness Reviews: Quantitative Analysis of Research and Development Investment Effects

A based free-market think tank, examines an expanded quasi-federal comparative effectiveness review (CER) process and the negative effects on private-sector investment in research and development of new and improved medical technologies. Download the PDF San Francisco (July 15, 2011) — A new research study released by the Pacific Research Institute ...
Business & Economics

Educated Legislators, Bad Economy

California has the most educated legislators, according to a recent Chronicle of Higher Education study. Those stellar academic credentials, unfortunately, have not lifted the state from its economic malaise. California’s unemployment rate, as of May, is nearly 12 percent, higher than every state in the bottom five of the study. ...
Health Care

Bust or Bailout? The Future of Private Health Plans Under ObamaCare

A new research study released by the Pacific Research Institute (PRI), a California-based free-market think tank, shows how ObamaCare threatens the solvency of private health plans, which will significantly reduce consumer choice and increase costs. The ultimate result will likely be either a massive taxpayer bailout of private health plans ...
California

Lesson for California: Washington State’s Bipartisan Medicaid Reform Will Benefit Taxpayers and Patients

It’s a short law with big potential: SB 5596, signed by governor Christine Gregoire at the end of May, is only three pages long. Nevertheless it puts Washington State on a path to Medicaid solvency and sets an example for California and the nation. Remarkably, the law, sponsored by conservative ...
Business & Economics

Brown Busts the Budget

The California Legislature just passed a budget. Less than 24 hours later, the governor vetoed it, leaving many scratching their heads why Gov. Jerry Brown vetoed a budget from his own party. “For the first time in history, the state budget has been vetoed,” Brown said in a news conference. ...
Business & Economics

Federal Health Reform and Stock Market Returns of Health Insurers

The Patient Protection and Affordable Care Act (PPACA) would not have passed without the support of business interests in the health sector. • Stock prices of for-profit health plans have significantly outperformed the broader stock market since President Obama’s election in 2008, but also since the Republican “wave” of 2010. ...
Business & Economics

A Case for Affirmative Disclosure of Public Pensions

An appeals court has ruled that a public agency must hand over pension data to a newspaper. This is a welcome development but a recent case confirms that California remains far behind the curve on government transparency. The Sacramento Bee has been conducting investigations into public employee pensions and finds ...
Business & Economics

Medicare Auctions for Durable Medical Equipment: Price Suppression and Research and Development Investment

San Francisco (June 13, 2011)—A new research study released by the Pacific Research Institute (PRI), a California-based free-market think tank, reviews the auction design process currently established by the Centers for Medicare and Medicaid Services (CMS) for medical devices and equipment. That process creates important adverse economic effects: It yields ...
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