The emergency is over. Bailouts should be as painful as possible. Attempts by the government to sustain companies over an extended period of time in order to get taxpayers’ money back are unlikely to be successful. We shouldn’t try to pay market rates to top executives — we should be looking for an exit strategy for taxpayers and to write off the losses as soon as practicable.
Author Archives: SEH
How private health insurance really works
Here’s a link to my presentation, How Private Health Insurance Really Works, which I gave at the American Enterprise Institute event, Private Health Insurance Markets: Facts, Fables, and Fixes, on October 21 in Washington, D.C.
Competition and Health Insurance
Here’s a link to my October 21st Wall Street Journal op-ed, Competition and Health Insurance, which deals with the limited antitrust exemption for insurance and its proposed repeal for health and medical malpractice insurance.