“Better Off Not Knowing” – Archives of Internal Medicine
President Ronald Reagan was famous for espousing anti-government views. To this day, he is lionized by Republicans, who frequently quote his “less is more” attitudes towards government. Which makes it kind of ironic that when he was in office, Republican faith in government rose significantly. In fact, when you ask people whether they trust the…
Sometimes it is hard for hospitals to provide expensive care to poor patients. When a low-income patient needs $20,000 of chemotherapy, a hospital loses money if that patient cannot pay for the medicine, or pays through Medicaid, with its relatively stingy reimbursement. Fortunately, the federal government created a program for hospitals that care for a…
It is well accepted among health economics wonks that the lion’s share of pharmaceutical company profits come when these companies hold exclusive rights to their products. Once their blockbuster pills go “generic,” competitors enter the marketplace and profits plummet. Consider captopril, a groundbreaking heart failure medication introduced in the early 80s by Bristol-Myers Squibb under…
I think this picture just about covers it: Click to view comments
“eBay and the Brain: What Psychology Teaches Us about the Economic Downturn” – Scientific American
This picture, from the Kaiser Family Foundation, shows that many people who lack health insurance in the United States right now are actually eligible for either Medicaid or federally subsidized private insurance.