Studies
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 Obamas 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
Why Medicaid Should Be Easier to Fix than Entitlement Programs
Congress remains gridlocked on many important issues but not every politician is afraid to challenge the unsustainable growth of Medicaid. Consider S. 1031, by U.S. Senator Tom Coburn. This measure would increase local control over Medicaid spending and improve the incentives that have led politicians to trap ever more low-income ...
California
California’s Cover Story
Last month The Economist ran a cover story: “Where it all went wrong: A special report on California’s dysfunctional democracy.” The report blames “direct democracy,” the initiative process, for the state’s woes. The ruling class loves the report, but Californians have good reason to be wary. The initiative process lets ...
Health Care
The Ryan Republican Medicare Reforms: What They Are, What They’re Not, and What They Might Become
Key Points The Medicare part of the Ryan budget is superior to Obamacare but needs more definition. The current proposal would limit future Medicare beneficiaries choices to those selected from a federal exchange. Medicare beneficiaries would benefit more from Republicans clear commitment to restore Medicare Advantage, a popular alternative to ...
California
Card-Check Tricks in the Capitol
SACRAMENTO Last week Assembly Speaker John Perez suspended the public notice rule for legislative hearings, allowing an Assembly committee to conduct a surprise hearing on a card check bill, and voted to pass it to the next committee. That is not the only sleight of hand going on in ...
Business & Economics
Recession and Recovery in California
Last month Jerry Nickelsburg, senior economist with the UCLA Anderson Project, held forth at the University of California Sacramento Center on key themes involving recession and recovery. Nickelsburg agrees that we are in a “deep recession,” in contrast to those of 2001 and 1990, which were “very mild recessions.” He ...
Business & Economics
Bringing More Sunshine to California
To counter the powerful incentives facing elected and appointed public-sector officials and government employees to conceal information and operations, “sunshine laws” have been enacted to open the doors of government so the public can view the debates, decisions, and actions of government and the outcomes of government policies. The laws ...
Business & Economics
National Sunshine Week: New Report Shows How to Bring More Open Government to California
Study looks at the history, strengths, and weaknesses of open-government laws and practices in California and recommends more than two dozen reforms based on a comparative assessment of California’s laws and practices with those in the other 49 states. Sacramento—California’s open-government laws are weak in many areas and in need ...
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 Obamas election in 2008, but also since the Republican wave of 2010. ...
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 ...
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 ...
Why Medicaid Should Be Easier to Fix than Entitlement Programs
Congress remains gridlocked on many important issues but not every politician is afraid to challenge the unsustainable growth of Medicaid. Consider S. 1031, by U.S. Senator Tom Coburn. This measure would increase local control over Medicaid spending and improve the incentives that have led politicians to trap ever more low-income ...
California’s Cover Story
Last month The Economist ran a cover story: “Where it all went wrong: A special report on California’s dysfunctional democracy.” The report blames “direct democracy,” the initiative process, for the state’s woes. The ruling class loves the report, but Californians have good reason to be wary. The initiative process lets ...
The Ryan Republican Medicare Reforms: What They Are, What They’re Not, and What They Might Become
Key Points The Medicare part of the Ryan budget is superior to Obamacare but needs more definition. The current proposal would limit future Medicare beneficiaries choices to those selected from a federal exchange. Medicare beneficiaries would benefit more from Republicans clear commitment to restore Medicare Advantage, a popular alternative to ...
Card-Check Tricks in the Capitol
SACRAMENTO Last week Assembly Speaker John Perez suspended the public notice rule for legislative hearings, allowing an Assembly committee to conduct a surprise hearing on a card check bill, and voted to pass it to the next committee. That is not the only sleight of hand going on in ...
Recession and Recovery in California
Last month Jerry Nickelsburg, senior economist with the UCLA Anderson Project, held forth at the University of California Sacramento Center on key themes involving recession and recovery. Nickelsburg agrees that we are in a “deep recession,” in contrast to those of 2001 and 1990, which were “very mild recessions.” He ...
Bringing More Sunshine to California
To counter the powerful incentives facing elected and appointed public-sector officials and government employees to conceal information and operations, “sunshine laws” have been enacted to open the doors of government so the public can view the debates, decisions, and actions of government and the outcomes of government policies. The laws ...
National Sunshine Week: New Report Shows How to Bring More Open Government to California
Study looks at the history, strengths, and weaknesses of open-government laws and practices in California and recommends more than two dozen reforms based on a comparative assessment of California’s laws and practices with those in the other 49 states. Sacramento—California’s open-government laws are weak in many areas and in need ...
