Earlier this evening I wrote a post suggesting that the Obama administration would tough out their current problems with the ACA and that the promises to administratively fix the issues they were encountering with those losing their individual insurance policies amounted to not much more than “stall ball.” I didn’t consider that they might actually […]
Archive for November 8th, 2013
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Where Do Illiquid Credit Markets Lead?
Posted by Tom Lindmark on November 8th, 2013
It’s axiomatic that the real news and analysis that matters most gets buried in the stuff that moves the needle for the radio and TV cable news networks. Case in point today is this extraordinarily good article by Felix Salmon. Let me excerpt a bit of his writing with an explanation to follow. Liquidity is […]
The President Creates New Problems For ACA
Posted by Tom Lindmark on November 8th, 2013
Keith Hennessey points to yet another problem with ACA, this one new and created by the President’s remarks yesterday. There’s a problem, that “a small percentage of folks” (8-10 million people) are facing canceled individual market health insurance plans, and some of them are “disadvantaged” by the new options, or will be once they can […]
Is The ACA An Insurance Plan?
Posted by Tom Lindmark on November 8th, 2013
A lot on the Progressive side of the blogosphere are knocking themselves out promoting the idea that insurance is a process of various cohorts subsidising one and other. The young subsidize the old or the healthy subsidize the sick. It’s essentially a way to rationalize the lack of insurance underwriting inherent in the ACA. Jane […]
