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  • Rick Santorum's 1994 Alternative to the Individual Mandate
    09.02.2012, 13:36:49
    I've written previously that the Allentown Morning Call described Rick Santorum on several occasions in 1994 as seeking to "require individuals to buy health insurance rather than forcing employers to pay for benefits." Earlier this week, Santorum took to the airwaves to rebut the charge. Santorum points instead to a bill he sponsored alongside Sen. Phil Gramm (R., Tex.) that proposed an interesting alternative to the individual mandate.
  • The Tortuous Conservative History of the Individual Mandate
    07.02.2012, 20:32:34
    Mitt Romney, as we know, has been catching a lot of flak from conservatives for Romneycare, because Romney's signature legislative achievement served as the model for Obamacare. But as Romney said in a debate in Las Vegas last October, "we got the idea of an individual mandate...from [Newt Gingrich], and [Newt] got it from the Heritage Foundation." Politically, it's an important point, because Romney is inaccurately being portrayed as some kind of left-wing apostate, when in fact there were some major conservative institutions (like Heritage) and figures (like Gingrich) who supported the mandate. Last weekend, long-time Heritage health-policy chief Stuart Butler took to USA Today to explain his past support for the mandate. I took the occasion to dig into the topic, and found that the mandate's provenance is more complicated than most people think.
  • Can Greenway Medical Keep Up The Momentum After Its IPO?
    03.02.2012, 00:54:45
    Greenway Medical Technologies, a seller of electronic health records, got off to a bumpy start when its bankers re-priced last minute its IPO price downward to $10 from an original range of $11 to $13 a share. It closed today at $13, up 30%?valuing it at three times revenue, in line with competitors such as ...
  • Repealing the CLASS Act
    02.02.2012, 00:14:16
    The first part of the health reform law to fall was not struck down by the Supreme Court, blocked by state governments, or defunded by Congress ? it was struck down by the Obama Administration itself, which stated that the program could not be implemented as passed, and therefore would simply be ignored. The Community ...
  • Congressional Research Service: Courts Could Force HHS to Implement CLASS Act, Despite Its Insolvency
    01.02.2012, 14:00:31
    Today, the U.S. House of Representatives will vote on H.R. 1173, the Fiscal Responsibility and Retirement Security Act of 2011, sponsored by Rep. Charles Boustany (R., La.). This two-page bill would repeal the fiscal disaster known as the CLASS Act, Obamacare's new long-term care entitlement, which was "suspended" by the Obama Administration because Health and Human Services Secretary Kathleen Sebelius could not certify that the entitlement was fiscally sustainable. Why, you might ask, should Congress bother to repeal CLASS, given that Sebelius has suspended its implementation? Because, according to the Congressional Research Service, courts could force her to implement the new entitlement, despite the fact that it will blow up the deficit.
  • A Look Back at Year One of The Apothecary at Forbes
    31.01.2012, 17:22:00
    One year ago, I moved my little health-care blog from avikroy.org over to Forbes.com. And what a year it's been. There has been no shortage of things to write about???and thanks to the paramount importance of entitlement reform and health policy, that will continue to be true for the foreseeable future. So I wanted to take the chance to reflect on The Apothecary's year that was.
  • What the Roche Bid for Illumina Tells Us About the Future of Genomics
    30.01.2012, 17:18:37
    There's been a flurry of mergers in the pharmaceutical and biotechnology industries lately. My Manhattan Institute colleague Paul Howard has some thoughts on one of the more interesting potential transactions: the hostile bid for Illumina, a genetic diagnostics company, by Swiss pharmaceutical giant Roche.
  • The Non-Viable CLASS Act
    30.01.2012, 15:00:49
    One of Sen. Ted Kennedy?s long-standing goals was the establishment of a federal program for long-term care for the infirm and disabled. This goal was ? apparently ? achieved posthumously when his Community Living Assistance Services and Supports (CLASS) Act was incorporated into the Patient Protection and Affordable Care Act (PPACA). The CLASS program provides ...
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