Tuesday, January 6, 2015

Gruber? ...Gruber? ....

We're sure the faculty at MIT is smarter than that of Harvard. Still, Wm. F. Buckley Jr. might have been on to something when he said he'd rather be governed by the first 100 names in the Boston telephone directory than by these guys;
...some ideas that looked good to academia in theory are now causing consternation. In 2009, while Congress was considering the health care legislation, Dr. Alan M. Garber — then a Stanford professor and now the provost of Harvard — led a group of economists who sent an open letter to Mr. Obama endorsing cost-control features of the bill. They praised the Cadillac tax as a way to rein in health costs and premiums. ....
But Jerry R. Green, a professor of economics and a former provost who has been on the Harvard faculty for more than four decades, said the new out-of-pocket costs could lead people to defer medical care or diagnostic tests, causing more serious illnesses and costly complications in the future.
“It’s equivalent to taxing the sick,” Professor Green said. “I don’t think there’s any government in the world that would tax the sick.”
Except for all those who do, like the UK, France, Germany et al, Prof? Or just where do you think the money comes from to pay for all that 'free' health care?

This is particularly amusing;
In many states, consumers have complained about health plans that limit their choice of doctors and hospitals. Some Harvard employees have said they will gladly accept a narrower network of health care providers if it lowers their costs. But Harvard’s ability to create such networks is complicated by the fact that some of Boston’s best-known, most expensive hospitals are affiliated with Harvard Medical School. To create a network of high-value providers, Harvard would probably need to exclude some of its own teaching hospitals, or discourage their use.
The most unkindest cut of all.

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