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August 23, 2023
Senator Biden Voted for Reagan’s 1981 Spending and Tax Cuts
As President Biden gears up for his re-election effort, his team is emphasizing his strong opposition to changing Social Security…
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August 08, 2023
Making a Deposit into a Congressional Bank Account
The Senate Finance Committee’s recently-approved Modernizing and Ensuring PBM Accountability Act includes a provision directing resources to a mysterious and…
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August 04, 2023
Prior Authorization Reduces Net Costs of Medicare Part D
Our evidence clearly shows that prior authorization has an important effect on drug spending—a fact that should be central to…
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July 17, 2023
Biden’s Underwhelming Plan to Cut Health Costs
President Biden’s latest plan to lower health care costs for American households, which he outlined recently in remarks at the…
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June 01, 2023
Using ERISA as a Sword, Not a Shield: Part III
The Employment Retirement Income Security Act is not what it used to be, but it could be more if repurposed…
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May 31, 2023
Using ERISA as a Transparency Sword, Not a Shield: Part II
The Employment Retirement Income Security Act could produce stronger incentives for private-sector enforcement of price transparency goals by self-insured employer…
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May 31, 2023
Of Course, Congress Should Approve the Biden-McCarthy Deal
This is the best deal that could be had under the circumstances, as most members of the House and Senate…
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May 26, 2023
Status of Plans to Import Prescription Drugs Purchased at Canadian Prices
There has been long-standing interest in the US with taking advantage of the generally lower prices paid by Canadians for…
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May 24, 2023
Using ERISA as a Transparency Sword, Not a Shield
Health care price transparency has become a popular political frisbee to toss around. However, it tends to operate more like…
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May 04, 2023
Health Quality Measurement, Part IV: Seeking First-Class Upgrades with Other People’s Money
Our political financing of health care is fundamentally driven by two distortions, or mismatches, related to different time horizons and…
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May 03, 2023
Health Quality Measurement, Part III: Musings on Macro Assumptions and Micro Corrections
The health care sector is an engine of growth and innovation, yet it threatens to swallow the rest of our…
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May 02, 2023
Health Quality Measurement, Part II: Valuing Lives at a Premium or a Discount?
Even when regulatory or reimbursement officials decide that a health care treatment intervention adds Quality-Adjusted Life Years for a given…
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May 01, 2023
Health Quality Measurement, Part I: Few Hits, More Errors, Mostly Balks
Are imperfect and limited measures of health care quality and value better than none at all?
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April 28, 2023
“Fair Prices” in the Inflation Reduction Act: Put Value in Front
The design of the Inflation Reduction Act with its quick implementation and limited oversight, expands government intervention in a market…
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April 24, 2023
Health Savings Accounts at 20
Despite high take-up and growing reserves, HSAs have yet to galvanize consumer pressure and force the suppliers of services to…
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March 09, 2023
Limiting Access to Obesity Care Is Not an Effective or Humane Approach to Cost Management
Investment in decreasing obesity among adults has the potential to reduce the prevalence and severity of heart disease, diabetes, and…
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February 07, 2023
How Medicare Shapes Drug Prices
Beginning in 2025, the design of Part D will change to give insurers much stronger incentives to manage high-spending enrollees…
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February 03, 2023
Asking Better Questions for Better Answers About Cost Sharing, Part IV
Let's try moving beyond massaging the econometric tools of incomplete data sets, instrumental variables, and simplifying assumptions. Instead, try interviewing…
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February 03, 2023
The Inflation Reduction Act: Implications for Private-Sector Initiatives
A recent AEI event panel discussed the implications of the Inflation Reduction Act on private-sector initiatives from their diverse perspectives…
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February 02, 2023
Asking Better Questions for Better Answers About Cost Sharing, Part III
There often is a more receptive editorial market for studies that show once again that Harvard economists are far smarter…