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Kevin recently re-posted this chart by Harvard economist David Cutler, which is worth a glance.
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Indeed, top Obama advisers, such as Jonathan Gruber and David Cutler, have endorsed premium support for the Medicare program.
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However, David Cutler, an economist at Harvard, points out that this conclusion probably only applied to marginal short-term increases in health-care spending, not to the average long-term impact of higher health spending.
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Probably the most rigorous study of the impact of wellness programs on employer health costs is one that was conducted by Harvard health economist Katherine Baicker and her colleagues David Cutler and Zirui Song.
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But Peter is an outstanding economist, and when his views are also echoed by other highly respected economists like David Cutler of Harvard (one of the most highly respected health economists in the world, who engaged in a debate with Chuck on my Facebook page), I often find myself temporarily in a state of cognitive dissonance.
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Cutler-Hammer Senior Vice President David Wathen has a solution.
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