New Report: Health Insurers Predict Sharp Increase in Premiums

When the Patient Protection and Affordable Care Act (PPACA) became law, supporters claimed it would lower costs for families and businesses.

Over three years later, evidence to the contrary abounds. In a report released last week by the U.S. House Energy and Commerce Committee, “The Looming Premium Rate Shock,” major health insurers predicted the PPACA will actually lead to substantially higher health premiums for families and businesses.

The report indicates that new individual market customers could face, on average, a 96% increase in premiums. This would cause average yearly premiums to nearly double from $1,896 to $3,708, placing great …

6th Edition of Rich States, Poor States Shows Continued Success of States Embracing Low Taxes, Free Markets and Limited Government

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State policymakers looking for lessons and best practices to boost their state’s income and job growth have a new tool at their disposal as the 6th Edition of Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index is unveiled today. Like past editions, the report compiles and updates the results … »

New Study Shows U.S. Legal System is a Competitive Liability

As international commerce penetrates every corner of the world, the United States and each of her fifty states must continue to implement economic policies that make themselves more competitive on the world stage.  The United States already participates in trade frameworks that eliminate tariffs and import quotas with several partners … »

Protecting Intellectual Property Rights is Vital to the Innovation Economy

I wholeheartedly agree with colleague Alex Rued’s insights in her post Innovation Economy Helps U.S. Reclaim Reputation as an Investment Hotspot. She observes that America’s “[comparative] advantage depends on technology.” An additional vital element underpinning the innovation economy is our reliable and consistent protection of intellectual property rights (IPR). Our … »

A La Carte Video Requirement Not Necessary in a Vibrant Market

If I told you the government was considering a policy change that would essentially require USA Today to sell you the sports and entertainment sections separately from the news section instead of as a whole paper, you might think I was crazy. But that is exactly what is being proposed for … »