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The massive underfunded pension funds of states and municipalities and the precarious status of the budgets of these entities have received wide publicity recently.
Why do some employers decide to self-insure for their health insurance plans while others do not? Are they influenced by the fact that state laws prohibit managed care plans from restricting the employee's choice of provider? What effect would congressional or court-ordered changes to the federal law ERISA have on...
President Barack Obama and his allies are shifting their health reform rhetoric into an attack on the insurance industry, but their goal remains universal health coverage.
Many on the political left decry the disappearance of defined-benefit pension plans from the private sector and strive mightily to maintain them for public-sector employees. The people who put defined-benefit plans and policies in place assumed there would always be someone able to pay for them.
Barack Obama wants to lower the cost of health care, but his record in Illinois shows that he tends to vote for mandates that raise the cost of insurance.
By catering to unions, the Obama Democrats are seeking to take the United States back to a system that produced huge inefficiencies and rigidity in the private sector.
The Bush administration should insist that corporations fully fund their plans quickly with assets that can be and are revalued at least quarterly at market prices.
The court has confirmed what everyone already knew: Managed care necessarily entails financial incentives to control runaway medical inflation.



