Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 16h“Medicare…is the leading contributor to the federal government’s long-term fiscal imbalance, followed by recent tax cuts, expanded health insurance subsidies through Medicaid and the Affordable Care Act, and Social Security.” www.mercatus.org/res... 120
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 01/10/2026“Medicare…is the leading contributor to the federal government’s long-term fiscal imbalance, followed by recent tax cuts, expanded health insurance subsidies through Medicaid and the Affordable Care Act, and Social Security.”mercatus.orgWhy We Have Federal Deficits: 2026 Update | Mercatus CenterTo implement the right reforms, policymakers must understand what pieces of legislation have contributed the most to the federal fiscal imbalance 100
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 01/10/2026Marking the 25th anniversary of James C. Robinson’s “The End of Asymmetric Information.” mfcannon.substack.co... 001
Reposted by Michael F. Cannon 🇮🇪 🇺🇸Aaron Ross Powell @aaronrosspowell.com · 30/09/2026I'm struck by how people keep making arguments against AI that are also arguments against, e.g., hiring a plumber or paying a mechanic to fix your car or using GPS to navigate across town. 5242
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 25/09/2026Why it’s important to check with comms and legal. 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 24/09/2026Per this quiz, I’m closest to the avg: Republican on - Regulation - Redistribution Independent on - Moral traditionalism Democrat on - Race & gender grievance - Immigration & openness - Hawkish nationalism - Distrust of govt - Bypassing politicians Ergo, “Centre-right.” 🙄 210
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 23/09/2026“Fight against political control of NIH grants intensifies” Politics has *always* controlled NIH grants. The only way to “fight political control” is to abolish the NIH. Trump isn’t inserting politics. He’s using the power NIH advocates gave him to substitute his for theirs. 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 23/09/2026I’ll take “Endogeneity Problems” for $1000, Alex. 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 23/09/2026Evidence that libertarians are “irrelevant.“ 110
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 22/09/2026We are almost at the halfway point of Trump II, but his administration is still overthinking this short putt.cato.orgPresident Trump: Fighting Obamacare Fraud, AWOL on Obamacare ReliefTrump should demand that Congress codify his 2018 rule. If Congress won’t act, the administration should reissue that 2018 rule. 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 21/09/2026A stunning act of courage. Thank you, @nhannahjones. www.nytimes.com/2026... I have printed it for my children to read. Parts that struck me: “New York is considered one of this nation’s most liberal cities, while operating a school system that is among the most racially segregated.”nytimes.comIn Fighting for Every Black Child, Did I Betray My Own?A decade ago, I made a decision about my daughter’s education that I hoped would challenge New York City’s separate and unequal school system. Now 16, she thinks I made the wrong choice. 242
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 14/09/2026One way to boost production of nonexcludable goods is to bar competitors. When government uses patents to bar competitors without their consent, we say that's good. When firms use noncompete clauses to pay consenting employees not to compete, we say that's bad. 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 11/09/2026"This may be the most non-responsive output I have received from you, Claude. You can tell it's bad because I'm using your full name." 010
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 09/09/2026Economists believe workers bear the cost of employer-sponsored insurance but their faith stays in the pew. 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 07/09/2026Friends: AHRQ funds useful health research. Educated friends: Its weird, the more useful the research, the more support there seems to be for cutting AHRQ’s funding. Very educated friends: It’s not weird, and we should learn from it. 100
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 03/09/2026"After three unsuccessful attempts over two decades, the Department of Veterans Affairs undertook a fourth effort...to modernize its legacy health information system...GAO made 18 recommendations...VA has not yet fully implemented 14 of the 18"gao.govVA Electronic Health Record Modernization: Actions Needed to Sustain Accelerated System DeploymentsWe testified on the Department of Veterans' Affairs electronic health records modernization efforts before the House Committee on Veterans' Affairs... 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 31/08/2026“This is our low-trust, politicized public health reality, in which every ambiguity creates space for conspiracy. This means that there’s no room for error.” Excellent column. @RBMD1982nytimes.comOpinion | How Not to Announce a Measles DeathJosh Shapiro announced two measles deaths. Things went downhill fast. 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 29/08/2026Reminder: Sen. @BernieMoreno (R-OH) has introduced a bill that would strip U.S. citizenship from Pope Leo XIV (Evan Marshall). www.congress.gov/bil... 250
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 28/08/2026You can have Lake Ontario when you pry it oot of our cold, dead hands. 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 28/08/2026A: "Only government can solve our health care crisis." B: "I don't want government controlling my health care." A: "It wouldn't be so disruptive. You basically already have government-controlled health care." B: "Didn't you just call that a crisis?" 010
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 25/08/2026“I can fly the airplane. But I don’t know how to fix the airplane.” The pilot, offering an impromptu lesson on specialization and the division of labor 061
Reposted by Michael F. Cannon 🇮🇪 🇺🇸Julie Rovner @julierovner.bsky.social · 18/06/2026ok it's not the Knicks parade or the Obama center opening, but great new #WTHealth pod up! Panelists @laurenweberhp.bsky.social, @annaedney.bsky.social, and @sherylnyt.bsky.social; plus @mfcannon.bsky.social and Liz Fowler on the employer tax exemption: kffhealthnews.org/podcast/what...kffhealthnews.orgDemocrats Keep Healthcare at the Fore - KFF Health NewsSenate Democrats hope to highlight health costs by forcing a vote on the Trump administration’s changes to the Affordable Care Act before the midterm elections. Meanwhile, Alabama is the latest state ... 1225
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 23/08/2026These are equally ideological statements: “Tax cuts cause deficits.” “Only spending causes or can cause budget deficits; tax cuts cannot and never do.” 100
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 22/08/2026Cradle to queue to grave.reason.comUniversal healthcare sounds great. Here's what's happening in countries that have it.Long waits and troubled patients offer us a warning about the tradeoffs behind government-run health care. 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 15/08/2026South Portland, ME mandates motorists squeeze the gas pump handle (“latch-open devices” are illegal) and station operators “observe the filling…of each vehicle” from “an approved dead-man control” (e.g., floor mat). One gas station found a solution. www.southportland.or... 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 14/08/2026Future scholars will marvel at how pro-government propaganda so thoroughly scapegoated private insurance companies for the government’s health policy failures, that much of the public cheered the cold-blooded murder of a man who was part of the solution. www.usnews.com/opini... 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 13/08/2026New Cato study: “Today, 39 states require a CON for at least one health care service or technology.” 100
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 12/08/2026Prior authorization in Medicare Advantage is a risk-adjustment issue. Inefficient prior authorization stems from poor risk-adjustment. 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 12/08/2026If Medicare for All were a drug, the FDA would put Mike Lit in jail for claiming it saves lives. www.wsj.com/opinion/... 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 12/08/2026Medicare does a poor job of setting prices it pays insurers—prices we know insurers could set more accurately via competitive bidding—in part because risk-adjustment is fee-for-diagnosis price-setting that allows insurers to increase prices to supra-competitive levels. 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 08/08/2026“I am a tolerant man. I do not censor things lightly.” 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 06/08/2026It is time for the @USCBO, and all tax and health policy scholars, to start describing the tax exclusion for employer-sponsored health insurance accurately. www.cato.org/blog/cb... @CatoHealth cato.orgCBO's Misleading Description of the Tax Exclusion for Employer-Sponsored Health InsuranceThe federal government is not subsidizing workers $316 billion for enrolling in ESI. It is threatening to take $316 billion away from them if they don’t. It is absurd to describe money that the government never taxes and never spends — indeed, never even touches — as government spending. 020
Reposted by Michael F. Cannon 🇮🇪 🇺🇸Nicolás Drpic @nicolasdrpich.bsky.social · 06/08/2026"While critics say high health care prices are the result of free markets, the OECD reports that when it comes to government control of health spending, the United States is actually closer to communist Cuba than the average OECD nation"cato.orgNew Analysis: Government to Blame for Sky-High Health Care PricesWhile critics say high health care prices are the result of free markets, the OECD reports that when it comes to government control of health spending, the United States is actually closer to communis... 111
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 03/08/2026If all workers with ESI instead demanded that compensation as cash, they would pay an additional $316B in taxes. To be consistent, the @USCBO would have to describe that increase in revenues as a reduction in spending. www.cato.org/blog/cb... @CatoHealth 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 03/08/2026Inguinal hernia repair prices Hospitals (chargemaster): $23,000-$37,000 Medicare (hospitals): $6,500 Medicare (ASCs): $3,454 Free-market hellscape: $2,900kffhealthnews.orgUninsured but Undaunted, a Surgical Patient Searched the Globe for a Deal - KFF Health NewsWhen surgery became unavoidable, a man with no insurance shopped around for the best price for a hernia repair — and saved thousands by traveling out of state. 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 01/08/2026It is absurd to describe money that the government never taxes and never spends — indeed, never even touches — as government spending. www.cato.org/blog/cb... @CatoHealthcato.orgCBO's Misleading Description of the Tax Exclusion for Employer-Sponsored Health InsuranceThe federal government is not subsidizing workers $316 billion for enrolling in ESI. It is threatening to take $316 billion away from them if they don’t. It is absurd to describe money that the government never taxes and never spends — indeed, never even touches — as government spending. 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 31/07/2026Medicare began subsidizing health care 60 years ago this month. In the latest @CatoInstitute, podcast adjunct scholar David Hyman and I discuss Medicare's legacy. www.cato.org/multime... @CatoHealthcato.orgHappy 60th Birthday, Now Pay the BillMedicare spent $1.2 trillion in 2025 and still can’t show it’s saving lives. The Cato Institute’s Laura Bondank-Harmon is joined by Michael Cannon and David Hyman to mark the program’s 60th anniversary, explaining how it broke health care pricing and why “Medicare for All” would only make it worse. 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 30/07/2026What a remarkable sentence to have appear in a story where a consumer negotiates a lower price than mighty Medicare for inguinal hernia repair ($2,900 vs. $3,454). If this is what lack of protection looks like, bring it on. kffhealthnews.org/he... @paula_andalo @KFFHealthNews 011
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 30/07/2026The health care industry is so good at regulatory capture, low-quality hospitals in South Florida literally used a consumer-protection law to protect poor-performing hospitals from consumers. www.cato.org/multime... @LeapfrogGroup @CatoHealthcato.orgMichael F. Cannon discusses the legal controversy surrounding Leapfrog Hospital Safety Grades on The Bob Harden Show podcastJuly 23, 2026 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 30/07/2026Medicare doesn't need to subsidize Ozempic, it needs to take Ozempic. www.cato.org/multime... Joanne Kenen Joanne Kenen.bsky.socialcato.orgMichael F. Cannon discusses the obesity epidemic in the US on Al Jazeera English’s This is AmericaJuly 24, 2026 000
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 30/07/2026Imagine poor-performing surgeons sued to block the American Board of Surgery from saying they aren't board-certified -- on the grounds that they never agreed to sit for the exam -- and won. Now imagine it on the scale of entire hospitals. www.cato.org/multime... @LeapfrogGroup 011
Michael F. Cannon 🇮🇪 🇺🇸 @mfcannon.bsky.social · 21/07/2026The @USGAO on @DeptVetAffairs and @CMSgov: "Neither agency has developed comprehensive fraud risk assessments for its respective program... "Medicare's efforts to address the root causes of Medicare Advantage payment errors haven't been effective."gao.govProgram Integrity: Actions Needed to Reduce Improper Payment and Fraud Risks in VA Community Care and Medicare AdvantageIn FY 2025, the VA's Community Care program made $608 million in payment errors and Medicare Advantage made $23.7 billion in payment errors. Both... 000