Is Health Insurance Too Cheap?
Researchers at USC recently published a study designed to find out how much people are willing to pay for better drug coverage from their health insurance plan…(Read the rest and view comments at Scientocracy)
Researchers at USC recently published a study designed to find out how much people are willing to pay for better drug coverage from their health insurance plan…(Read the rest and view comments at Scientocracy)
US healthcare spending is maddeningly high. As in: fifty percent higher than what other wealthy countries spend, with no evidence we’re getting any bang for all those additional healthcare bucks. In 2014, the state of Maryland took direct aim at this profitless profligacy, enacting a bold (dare I say European?) approach : it gave hospitals fixed…
The day of solo practitioners is coming to an end . In its place will be gaggles of gastroenterologists and flocks of physicians. Mega practices are becoming the norm in American medical care. Here’s a few pictures of this trend, somewhat dated (they only go through 2015) but still quite revealing. (To read the rest of the…
If you are wondering why your hourly wage or your salary aren’t rising as quickly as you like, or why your bank account at the end of the year hasn’t grown as much as you intended, don’t forget to take into account just how much more you are probably paying out-of-pocket for the medical care…
I am not one of those parents who believes kids should win trophies just for showing up for their t-ball games. But I’m also not stingy in praising my children when they do well. When my kids got hundreds on their grade school spelling tests, I told them how proud I was of their accomplishment….
There was a very nice piece in the Washington Post recently, exploring the relationship between life satisfaction and the minimum wage. They summarize their findings in the following figure: I suggest you read the piece, to see what they make of this connection. Importantly, they explicitly mentioned that correlation does not prove causation. Unfortunately they…
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.