Making Sense of the Numbers

The early figures on the Affordable Care Act are raising some concerns for those who believed that it would address the problem of the uninsured. Christopher Weaver and Anna Wilde Matthews (Wall Street Journal) report: Early signals suggest the majority of the 2.2 million people who sought to enroll in private insurance through new marketplaces …

Social Norms as Market Regulation: The Case of Pre-PPACA Nongroup Health Insurance

The debate over pre-PPACA (Obamacare) nongroup health insurance has heated up again recently, particularly on the issue of rescissions (cancellations of policies). John Goodman claims that before the PPACA, rescissions almost never happened except in cases of fraud. Nevertheless, one problem with the nongroup market in many states was denial of applications for coverage from …