Republican talk of dismantling Obamacare means insurers likely to bolt

By J.B. Silvers, Case Western Reserve University There’s a joke among insurers that there are two things that health insurance companies hate to do – take risks and pay claims. But, of course, these are the essence of their business! Yet, if they do too much of either, they will go broke, and if they do too little, their customers will find a better policy. This balancing act isn’t too hard if they have a pool sufficient to average out the highs and lows. I speak with some experience as the former CEO of one of these firms. Employee-sponsored insurance has fit this model fairly well, providing good stability and reasonable predictability. Unfortunately, the market for individuals has never worked well. Generally, this model forces insurers to take fewer risks so that they can still make money. They do this by excluding preexisting conditions and paying fewer claims. In such a market, fewer people are helped, and when they are able to get insurance, they pay a lot more for it than if they were part of an employee-sponsored plan. The Affordable Care Act changed all of this. Companies were required to stop doing these bad things. In exchange for taking on substantially…

Read more

Top Ten (or so) Films of 2016

This has been one of those rare years where (most) of the films I saw that I really liked the best came out in the first half of the year. Or, at least, well before the traditional start of awards season. But, with one exception, most of the year-end “awards bait” left me totally cold.
The post Top Ten (or so) Films of 2016 appeared first on Washington Free Beacon. …

Read more

Please Read: Mediaite’s Commenting Guidelines

One of the worst jobs here at Mediaite is the constant combing of comments for personal attacks, trolling, and unsavory missives. It’s a waste of time that can be alternately disheartening and disgusting. In the past, we had taken a somewhat soft, gardening-centric approach to the comments. As of today, we’re getting a little tougher. …

Read more

Turkey denies appeal for jailed Christian pastor

Turkish officials Thursday denied the appeal of imprisoned American pastor Andrew Brunson, who was jailed in October on claims by officials that he held “membership in an armed terrorist organization.” The American Center for Law and Justice, which is defending Brunson, said the claims are simply trumped up. On Thursday, they pointed out that “the charging documents […] …

Read more