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Wednesday, April 4, 2018

Senator Warren Missed the Mark

For John, BLUFFrankly, I am shocked.  Nothing to see here; just move along.

From Power Line Blog, by Paul Mirengoff, 3 April 2018.

Here is the lede plus three:

No, I’m not talking about her Indian thing, although there is that. I’m talking about her study more than a decade ago on the causes of bankruptcy. It purported to show that medical bills cause about half of bankruptcies.

The purpose of the study was, at least in part, to fuel the drive for single-payer health insurance. Indeed, two of the co-authors belonged to the group Physicians for a National Health Program that advocates for single-payer.

Our friend Gail Heriot pointed to major flaws in the study. She noted that the study actually analyzed medically-caused bankruptcies, not bankruptcies caused by medical bills. As she explains:

Illness sometimes causes people to lose their jobs and hence their income, which can lead to bankruptcy. Obamacare doesn’t change that.
In addition, Heriot showed that the Warren study grossly inflated the number of bankruptcies having a “medical cause.” It did so by including all cases of “uncontrolled gambling,” “alcohol or drug addiction,” and “birth/addition of a new family member” and by including cases where relatively modest medical bills acted in combination with other debts.
So, the Patient Protection and Affordable Care Act is an expensive and freedom restricting action by the Federal Government in response to a problem it can not solve.

Hat tip to the InstaPundit.

Just wonderful.

Regards  —  Cliff

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