August 10, 2017

Before Obamacare,  there was Nixoncare and Romneycare.  All three proposed insurance market exchanges, mandatory participation and subsidies for lower income individuals.  

Interestingly, in its Romneycare iteration, it was actually propose...

July 27, 2017

When Medicare was first established in 1965, the payment terms established by Congress were overly generous to the medical industry, making Medicare unnecessarily costly. Congressional representatives agreed to unreasonable payment terms as a trade-off in exchange for...

July 22, 2017

At the beginning of the 1970s, Canada and the U.S. were both spending 7.5% of GDP on health care costs. By the end of the 1970s, Canada was still at 7.5% but U.S. spending on health care had gone up to 9% of GDP.  During that period Canada instituted a comprehensive na...

July 20, 2017

Nixon 1969: "We face a massive crisis in [medical care]".

Business Week 1970: "[Healthcare is] the $60 Billion Crisis".

Fortune 1970: "[medical care is] on the brink of chaos".

Yes, we've been trying to solve healthcare for over 40 years, ever since the 1960s when the cos...

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