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What Behavioral Economics Get Wrong About Improving Healthcare
ByadminIt is notoriously difficult to change physician behavior. When it’s discovered that primary care physicians are, say, prescribing too few cholesterol pills or too many antibiotics, it will not be easy to change those behaviors. Physicians are strong-willed people, with lots of things competing for their attention and with many well ingrained habits. That’s why…
Doctor Talk: Technology and Modern Conversation
Byadmin“Doctor Talk: Technology and Modern Conversation” – The American Journal of Medicine
Does Having Too Much Money Make Us Stupid?
ByadminAs a science, economics does not always succeed at predicting how humans behave. The discipline assumes a level of rationality, and an ability to process complex information, that far exceeds human capacity. But as a standard for how people ought to behave, economics provides an excellent set of lessons. Consider the economic principle of consistency in financial…
Would Jesus’ Politics Be More Like Trump’s Or Nancy Pelosi’s?
ByadminTo my liberal friends, Donald Trump’s polices are a moral abomination (not to mention, his own personal behavior which, of course, I just mentioned). To my conservative friends, Donald Trump and his policies are, quite literally, a godsend (as the press secretary made clear). Flip the topic to Nancy Pelosi, and you’ll find a similar divide….
How Hospitals Turn Charity Care Into Profits — At Taxpayers' Expense
ByadminSometimes 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…
Turmoil in the Obamacare Exchanges
ByadminHere is a nice story from a NC news station explaining the turmoil in the exchanges, with Aetna pulling out of many markets. Worth a quick read. North Carolina consumers buying broadly subsidized health insurance policies on the online marketplace created by the Affordable Care Act will have fewer options after a major insurer pulls…

