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Colorado Health Care Costs Keep Climbing Despite Growing State Subsidies
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Complete Colorado, Approved, Commentary, State

Colorado Health Care Costs Keep Climbing Despite Growing State Subsidies

By: Nash Herman | Commentary, Complete Colorado In economics, it is well understood that the larger a business becomes, the more cheaply it can produce goods or services due to lower relative fixed costs, more technical know-how, and increased specialization.  Why then is Colorado’s largest industry in terms of employment–health care–only becoming more expensive?  Subsidies inflate costs Let’s back up. In 1990, Colorado’s largest industry by employment was retail, which also dominated most of the rest of the country’s employment as well, along with manufacturing.  Along the way retail and manufactured goods became cheaper for consumers, as expected, relative to inflation.  READ THE FULL ARTICLE AT COMPLETE COLORADO ...
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Medicaid Commission Begins Review as Colorado Spending Continues to Climb
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Complete Colorado, Approved, State

Medicaid Commission Begins Review as Colorado Spending Continues to Climb

By: Nash Herman | Complete Colorado Colorado’s interim Commission on Medicaid has begun meeting to address the explosive growth of the state’s health care spending.  Related concerns are also on the table, such as the management of the Department of Healthcare Policy and Financing (HCPF) and fraud, waste, and abuse.  Are legislators attacking these problems from the correct angles? Let’s find out.  Faulty premises The most recent Commission meeting raised questions about the government’s priorities in addressing Medicaid and the state budget.  A recurring theme of discussion —nothing new, yet one that actually exacerbates the very problem the Commission is attempting to address — is the idea that the health care fun...
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Taxpayers on the Hook When Government Programs Cost More Than Promised
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Complete Colorado, Approved, Commentary, State

Taxpayers on the Hook When Government Programs Cost More Than Promised

By: Nash Herman | Commentary, Complete Colorado Colorado’s state budget is structurally unsustainable, which majority Democrats say could be fixed by ending voter consent over new taxation or by increasing taxes on Colorado residents through a progressive income tax.  While those suggestions would certainly increase state revenue, they are unlikely to fix Colorado’s ongoing budget deficits.  Meanwhile, taxpayers often learn too late that programs are vastly exceeding costs; programs like Cover all Coloradans, Healthy School Meals for All, and the wolf reintroduction scheme were all revealed to be more expensive than initially advertised to voters.  Why do programs end up being so much more expensive than advertised?&n...
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