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The U.S. Healthcare System Is Back to Its High-Spending Ways
ByadminShutterstock For a few years, U.S. healthcare spending seemed to be under control, rising no faster than the economy as a whole. The proportion of our GDP spent on healthcare was flatter than a Nebraska cornfield in November. Here’s how much we spent on healthcare, relative to the economy as a whole, between 2009 and…
The Key to Winning a Pulitzer? Don't Take Time To Think!
ByadminBret Stephens won a Pulitzer Prize for his foreign affairs column in the Wall Street Journal op-ed page. Only in his early 40s, Stephens can already boast of an enviable number of accomplishments. He has already been Editor-in-Chief of the Jerusalem Post. And he is now Deputy Editor at the Wall Street Journal, one of…
Copay Assistance Controversy Continues
ByadminMy article with Peter Bach of Memorial Sloan Kettering continues to generate debate. The two of us argues that copay assistance programs from pharmaceutical companies help specific patients in the short run, but make it easier for drug companies to demand high prices for their products. Here is one take on the topic, spurred on…
If We Cut Surgical Pay, Will Surgeons Cut into More People?
ByadminShutterstock Knee replacements are booming. Between 2005 and 2015, the number of knee replacement procedures in the U.S. doubled, to more than one million. Experts think the figure might rise 6-fold more in the next couple decades, because of our aging population. Since many people receiving knee replacements are elderly, Medicare picks up most of…
That Heart Attack Is Going to Cost You
ByadminHealth insurance is not what it used to be. With increasing frequency, Americans who purchase private health insurance find themselves with plans that require them to fork over significant amounts of money every time they receive healthcare. That means if you get, say, a heart attack, your portion of the hospital bill is probably going…
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…

