More than 300,000 people are being added to Louisiana’s Medicaid rolls after Gov. John Bel Edwards (D) expanded the program by executive order on his first day as Louisiana’s newly elected governor.
Edwards’ January 12 order opens the state’s Medicaid rolls to 298,000 newly eligible, non-elderly adults whose income falls below 138 percent of the poverty level, according to an analysis from the state’s Legislative Fiscal Office (LFO). LFO says 224,000 people who currently have private or employer-sponsored health insurance will also become eligible to switch to Medicaid, and LFO predicts up to 89,600 of these people will drop their private plans and join Medicaid.
Expanding Dependence on Government
Kevin Kane, president of the Pelican Institute for Public Policy, says Edwards’ order will increase costs and dependence on government.
“Given the poor outcomes for people on Medicaid, one would expect the quality of care to decline when people move from private insurance to Medicaid,” Kane...
A Wisconsin doctor promises to provide inexpensive, high quality health care 24 hours a day to patients by using a payment model known as direct primary care.
Rather than pay for health care using a third-party health care insurer, direct primary care patients at the Platte Medical Center in Platteville, Wisconsin pay Dr. Brian Sachs a monthly fee in exchange for an agreed-upon package of services.
“The care you receive from a direct primary care physician is far above...
In just eight years, Bitcoin and the idea of “virtual currency” have gained acceptance and use both online and in the physical world. Spread by word of mouth and other “viral” means, decentralized virtual currencies have gone from a mere thought experiment to a tangible economic reality.
Today, one can use Bitcoin or other currencies not backed by the U.S. government to buy physical goods and services and online services. Established companies, such as Dell, DISH Network, Microsoft, and Papa...