This week's IGM Economic Experts Panel statement:
The “Cadillac tax” on expensive employer-provided health insurance plans will reduce costly distortions in US health care if it is allowed to take effect as scheduled in 2018.
By Topic
This week’s IGM European Economic Experts Panel statements:
A) Even if the mortality of COVID-19 proves to be limited (similar to the number of flu deaths in a regular season), it is likely to cause a major recession.
B) The economic effects of COVID-19 coming from reduced spending will be larger than those coming from disruptions to supply chains and illness-related workforce reductions.
C) The economic policy institutions of the Eurozone are well equipped to ameliorate the potential economic damage from COVID-19.
This week’s IGM Economic Experts Panel statements:
A) Even if the mortality of COVID-19 proves to be limited (similar to the number of flu deaths in a regular season), it is likely to cause a major recession.
B) The economic effects of COVID-19 coming from reduced spending will be larger than those coming from disruptions to supply chains and illness-related workforce reductions.
This week’s IGM Economic Experts Panel statements:
A) Expanding health insurance to more people through the ACA’s public subsidies and Medicaid expansion will reduce total healthcare spending in the economy.
B) Expanding health insurance to more people through the ACA’s public subsidies and Medicaid expansion will generate gains in the health and well-being of the newly insured that exceed the costs.
This week’s IGM Economic Experts Panel poll statement:
Loosening current licensing restrictions on the range of services that nurses, physician assistants, dental hygienists and pharmacists are permitted to perform would help patients on balance, because the additional safety risks would be small compared to the decreased costs in waiting time and fees.
This week’s IGM Economic Experts Panel poll statement:
There are no consequential distortions created by the tax preference that favors obtaining health insurance through employers.
This week’s IGM Economic Experts Panel statement:
Long run fiscal sustainability in the U.S. will require cuts in currently promised Medicare and Medicaid benefits and/or tax increases that include higher taxes on households with incomes below $250,000.
This week’s IGM Economic Experts Panel statements:
a) Replacing the current US health insurance system (including employer-based health insurance, ACA exchange policies, and Medicaid) with universal ‘Medicare for All’ (mandatory enrollment in a modified version of the existing traditional Medicare program with drug coverage and no cost-sharing of any form, and current Medicare reimbursement rates) funded by federal taxes would lead to improved access to healthcare for a meaningful subset of the population.
b) Replacing the current US health insurance system as outlined in a) would lead to longer waiting times for healthcare for a meaningful subset of the population.
This week’s IGM Economic Experts Panel statements:
A) Replacing the current US health insurance system (including employer-based health insurance, ACA exchange policies, and Medicaid) with universal ‘Medicare for All’ (mandatory enrollment in a modified version of the existing traditional Medicare program with drug coverage and no cost-sharing of any form, and current Medicare reimbursement rates) funded by federal taxes would lead to lower aggregate medical debt among patients.
B) Replacing the current US health insurance system as outlined in a) would lead to lower aggregate innovation in the pharmaceutical industry.
C) Replacing the current US health insurance system as outlined in a) would improve health outcomes for the majority of the population.
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