Newsletters
AAPS News June 2014 - Death Spiral
Volume 70, no. 6 June 2014 The “adverse selection death spiral” in insurance occurs when costs increase rapidly because lower-risk policy holders choose to change policies or be uninsured. While some critics predicted an ObamaCare implosion during the disastrous roll-out, Ezra Klein triumphantly pronounced the “death of Obamacare’s death spiral” (Wash Post 1/14/14). Even though enrollment of persons aged 18–34 was only 24% rather than the needed 38%, Klein predicted that more would sign up just before penalties hit. Even if they didn’t, individual premiums would rise at most a few percent in 2015. Obama would roll out a sophisticated... read more
AAPS News May 2014 - Do Doctors Expire in 10 Years?
AAPS News May 2014 - Do Doctors Expire in 10 Years?
Volume 70, no. 5 When it comes to legal liability, doctors may still be the “captain of the ship.” But increasingly, government, hospitals, and third-party payers are demanding that doctors constantly have overseers. In living memory, a medical school diploma and perhaps a year of internship could gain one a medical license. And board certification—showing successful completion of rigorous extra specialty training —was good for life. Starting in the 1970s, specialty boards began issuing time-limited certifications, at first good for 10 years. Now even “grandfathered” physicians will be stigmatized online for “not meeting requirements” for maintenance of certification (MOC). After... read more
AAPS News March 2014 - Crown Jewels
AAPS News March 2014 - Crown Jewels
Volume 70, no. 3. Medicare and Medicaid have been called “America’s Crown Jewels.” The very phrase suggests the question of what kind of country has crown jewels: a republic, or a monarchy? And what is ObamaCare? Michele Bachmann (R-MN) calls it the “crown jewel of socialism.” Those who understand the principles see that an attack on the Affordable Care Act (ACA) could also apply to Medicare and Medicaid. Rep. Charles Rangel (D-NY) accuses Republicans of having fought Medicare since its inception. But one who successfully blocked it for years was Democrat Wilbur Mills, chairman of the House Ways and Means... read more
AAPS News February 2014 - Equality and Fairness
AAPS News February 2014 - Equality and Fairness
Volume 70, no. 2. Economic “disparity” and income inequality are set to be the Democrats’ defining issue of 2014. Obama referenced Pope Francis in a Dec 4 speech and plans to meet with him at the Vatican in March for an “inequality summit” (Guardian 1/23/14). “The president looks forward to discussing with Pope Francis their shared commitment to fighting poverty and growing inequality,” said White House spokesman Jeb Carney. Poverty and citizens’ well-being are not, however, Obama’s main concern. During the 2008 election, Obama was asked whether he would favor a higher capital gains tax rate, even if it brought... read more
AAPS News January 2014 - Liar of the Year
Volume 70, no. 1 PolitiFact called the promise that “if you like your health plan, you can keep your health plan” the Lie of the Year. Is the Chief Executive the Liar in Chief—or should we consider other worthy candidates for a Time “Man of the Year” type award? Not accepting the “Obama fooled us” message, Paul Gottfried writes that Obama never pandered to or betrayed his base, or lied when it came to showing his ideology. His Leftist ideas have been an open book. “No one...voted for Obama who wasn’t a true believer or who wasn’t at least hoping... read more
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