"MIT economist Jonathan Gruber is one of the most widely cited 'experts' who support ObamaCare. Last week, it was revealed that Gruber has a major conflict of interest - he is on the payroll of the Department of Health and Human Services.
"It was also uncovered that Gruber had co-authored a paper that advocates raising prices on hospital stays and medicine to discourage elderly patients from seeking treatment.
"The paper also compares the effects of higher prices on elderly and chronically ill patients. Gruber concludes that raising prices on chronically ill patients will not significantly reduce the strain on the healthcare system, because chronic patients will wind up in the hospital if they don't receive the treatment they need...
"HOWEVER, Gruber seems to view elderly patients with chronic illnesses as the best of both worlds - this 'sub-population' will stop seeking treatment at higher prices but they won't wind up in the hospital because the lack of initial treatment will kill them quicker than a non-elderly patient."
Wednesday, January 13, 2010
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