The latest Mercatus research, media, commentary, and events delivered week by week.
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Evidence-Free Policymaking at the Department of Health and Human Services
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James Broughel
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December 15, 2021 | Regulation
The US Department of Health and Humans Services (HHS) has proposed a rule that, if enacted, would rescind the Securing Updated and Necessary Statutory Evaluations Timely (SUNSET) rule finalized in January of 2021. The SUNSET rule attaches sunset provisions—i.e., expiration dates—to HHS regulations such that if HHS does not conduct assessments and reviews of regulations in accordance with Section 610 of the Regulatory Flexibility Act (RFA) on a timely basis, then those regulations expire. Section 610 of the RFA requires agencies to develop and execute plans to periodically review regulations for their impact on small businesses.
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HHS Says 'No Thank You' to Accountability
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James Broughel
12/15/2021 • The Hill
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Cutting Red Tape in Iowa: A Menu of Options
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James Broughel
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December 17, 2021 | Regulation
Regulation is pervasive in the United States and touches nearly every aspect of Americans’ lives. The labels on breakfast foods, the flow rate of water in the shower, and the fuel efficiency of cars are all regulated by the federal government. Regulations at the state and local levels affect whether Americans can obtain certain jobs, whether local pharmacists can write prescriptions for simple medications, and whether hospitals can add beds to their facilities. Moreover, the amount of regulation in the United States has grown steadily over time, a process known as regulatory accumulation. Each year new rules get added to the lawbooks, adding pages of new requirements. Yet typically few rules are removed to offset the growth. Thus, the regulatory environment grows more complex and omnipresent each year.
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Expanding Pharmacists’ Prescriptive Authority: Options for Reform
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James Broughel
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and Elise Amez-Droz
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December 15, 2021 | Healthcare
The COVID-19 pandemic has made it difficult for people to access medications and refill prescriptions owing to stay-at-home orders, financial pressures, and diminished access to medical facilities. For example, there has been a significant decline in new patients initiating therapies, and patients have been more likely to discontinue use of many medicines. However, a solution may be hiding in plain sight: pharmacists can play a greater role in delivering care. Whereas there were around 228,000 primary care physicians (PCPs) nationwide in 2019, there were 315,470 pharmacists in 2020. Pharmacists tend to have more touch points with patients than do physicians. For instance, Medicare beneficiaries visit a community pharmacist almost twice as often as they do a PCP, and these differences are larger in rural areas. Thus, many patients have more experience and perhaps greater comfort dealing with their pharmacist than they do with their own physician.
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Mercatus Podcasts
Yesha Yadav on the Fragilities in the Treasury Market and Solutions for Reform
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David Beckworth
12/13/2021 • Macro Musings
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Ideas of India: Savings, Self-Control and Obesity Patterns
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Shruti Rajagopalan
12/16/2021 • Ideas of India
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Ray Dalio on Investing, Management, and the Changing World Order
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Tyler Cowen
12/15/2021 • Conversations with Tyler
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