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Cheers,

Rick

This is an example of what economist Friedrich Hayek discussed when talking about the hidden costs of Communism. When a market is replaced by politics (this is true for industries as well as whole economies), innovation becomes incredibly difficult.

This experimental treatment for MS could be an incredible boon, and yet Canadian doctors and patients are not even allowed to try it.

This page has moved. Please click here to go to this article on our new blog.

Image by Mike Licht, NotionsCapital.com via Flickr

Health care isn’t something most students worry about. Government stats show about 80 percent of college students are covered under a parents’ plan. For them, Obamacare may mean they can keep the insurance they already have for a few years beyond college, but it won’t affect the coverage they carry during school.

But what about kids without parental coverage? The new law’s requirement that insurance cover children up to age 26 won’t make any difference for them.

Currently, college students without coverage can enroll in low-cost student health plans offered through universities. These plans may include limits to keep costs down, but are often designed around to complement university health services to provide comprehensive coverage. Affordability is further achieved by rating student health plans on a campus-wide basis rather than according to the whole individual market.

Seven percent of students currently receive coverage from their school, but that could change under Obamacare, a concern that the American Council on Education expressed in a recent letter to Health and Human Services Secretary Kathleen Sebelius.

Related Articles

• Get Ready for Donald Berwick to Run Your Health Care (biggovernment.com)
• Health-care economics and policy: It’s a perfect storm (physorg.com)
• Health care policy in Rwanda (marginalrevolution.com)
• Health Care Reform: 6 Ways It Will Affect Women (lifescript.com)