March 10th, 2015
MIT professor Jonathan Gruber made millions predicting the effect of Obamacare. Given that people who make unkind remarks can do good work, it is important to assess how well the Gruber predictive model has performed. In Colorado, its poor predictions will likely end up costing taxpayers billions of dollars.
December 19th, 2014
Obamacare advocates claimed that people were unable to afford health insurance and that creating the equivalent of government run brokerage firms called health benefits exchanges would help millions of people. In 2011, Connect for Health Colorado, the Colorado exchange, hired Gruber and Associates to predict the effects of Obamacare in Colorado. As the graphs show, current [...]
August 6th, 2014
In April, 2014, emails from Insurance Commissioner Marguerite Salazar to various Colorado officials discussed what to do about the high Obamacare premiums in Colorado’s resort counties. Obamacare caused skyrocketing premiums in Colorado’s ski resort counties, and the discussion was about how to redistribute the premium increases. Ms. Salazar sought rate quotes from Rocky Mountain Health Plans. [...]
July 29th, 2014
Has Colorado really had more success in preventing “teen” pregnancies than other states? Gov. John Hickenlooper said yes in a news conference convened within days of the U.S. Supreme Court’s recent Hobby Lobby decision. But the numbers cast serious doubt on his story.
June 3rd, 2014
A May 2014, report from the law firm Mehri & Skalet estimates that the Colorado health exchange is costing federal taxpayers $1,427 per enrollee. That was before its director, Patty Fontneau, got the $14,000 bonus, and a 2.5 percent salary bump that raised her salary to $195,314 a year and sweetened an already generous retirement [...]
April 2nd, 2014
By Joshua Sharf Imagine you own stock in a company that consistently failed to meet sales targets, yet the CEO asked for a raise. Imagine that a director had been indicted for embezzlement from a previous employer; an ad campaign had been launched that verged on the pornographic in order to achieve [...]
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