John Goodman

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Articles

How to Cut Trillions in Wasteful Health Care Spending | John C. Goodman

Jan 13, 2025 | independent.org | John Goodman

While Elon Musk and Vivek Ramaswamy pursue a goal of reducing government waste, the critics have been quick to claim it cant be done. The reason? If you dont touch entitlements (Social Security and Medicare, for example) they say, there is not enough waste to be found. Yet there is quite a lot of waste in our entitlement programs. And there are numerous opportunities to cut spending and raise the quality of entitlement benefits at the same time. Here are some examples.
Can We Have Health Care without Health Insurance Companies? | John C. Goodman

Jan 4, 2025 | independent.org | John Goodman

In the aftermath of the senseless murder of the CEO of UnitedHealthcare, responsible commentators were quick to condemn the act. Murder is bad, and so are murderers, wrote the liberal economist Paul Krugman. Neither should be celebrated. But then Krugman went on to offer an admittedly somewhat ...
What the FDA Gets Wrong About Drug Ads | John C. Goodman

Nov 25, 2024 | independent.org | John Goodman

There are only two countries in the world where drug manufacturers are allowed to advertise their products directly to consumers: the United States and New Zealand. Drug companies in the United States, for example, are spending $4 billion a year on TV ads alone. The typical TV drug ad these days usually touts the benefits of a drugmaybe with a lot of singing and dancingand closes with a brief rapid-fire list of possible side effects, as parodied on Saturday Night Live. Thats about to change.
Who Should Pay for Really Expensive Drugs? | John C. Goodman

Nov 20, 2024 | independent.org | John Goodman

When is the last time you saw a news headline about cancer patients who died because they were unable to afford a drug that could have saved their lives? I bet you havent. One reason is that drug companies that make expensive drugs cant afford the political backlash that would follow such a headline. Another reason is that large employers who provide health insurance cant afford such a headline, either.
Medicare Advantage Is Saving Taxpayers Money | John C. Goodman

Nov 15, 2024 | independent.org | John Goodman

A new study finds that the migration of people from traditional Medicare to the Medicare Advantage program over the last decade has saved the federal government $144 billion. The study arrives at a time when critics have stepped up their claims that Medicare Advantage (MA) plans are over-billing Medicare and causing a waste of taxpayer money. The study was conducted by Elevance, a private insurer with an obvious financial interest in the topic.
Why Lower-Income Workers Are Trending Republican | John C. Goodman

Nov 6, 2024 | independent.org | John Goodman

Its hard to be an economist and, at the same time, be a Democrat. The reason? Most left-leaning Democrats reject the main teachings of economics. Yet more than 80% of academic economists are Democrats. For every Republican economist on college faculties, there are 4.5 Democrats. Consider just a few of the ways in which what economists know differs from what liberal Democrats think.
Why lower-income workers are trending Republican

Nov 4, 2024 | washingtonexaminer.com | John Goodman

It’s hard to be an economist and, at the same time, be a Democrat. The reason? Most left-leaning Democrats reject the main teachings of economics. Yet more than 80% of academic economists are Democrats. For every Republican economist on college faculties, there are 4.5 Democrats. Consider just a few of the ways in which what economists know differs from what liberal Democrats think.
What Should Be Done with Obamacare? | John C. Goodman

Oct 21, 2024 | independent.org | John Goodman

Regardless of who wins the election, Congress will have to deal with two important questions next year: whether to extend the Republican (Trump) tax cuts and whether to extend the Democratic enhanced subsidies for Obamacare, or let them both expire. Conventional wisdom says Congress will divide on these questions almost perfectly along party lines. Could there be an alternative? How about bipartisan reform of Obamacare in a way that saves money and creates better insurance at the same time?
Sense and Nonsense about Taxes | John C. Goodman

Oct 7, 2024 | independent.org | John Goodman

As we draw closer to the November elections, there is an inordinate amount of attention being paid to disinformation, and a great deal of fact-checking of candidates statements. Yet here are four surprising facts: (1) the subject on which there is the most disinformation is taxes; (2) almost all the disinformation comes from the left; (3) it is spread to the general public by the mainstream media; and (4) it is almost never fact-checked. Lets take a closer look.
What's Wrong with the Way We Pay Doctors? | John C. Goodman

Oct 1, 2024 | independent.org | John Goodman

Patients all over the country in recent years have been communicating with their doctors by means of a communications platform called MyChart. The system is connecting an estimated 15,000 doctors and their assistants to patients as part of 150 health systems. At the hospital level, its ubiquitous. MyChart is easy to use. Ive used it myself. You type in a question and in no time at all your doctor replies.