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The USA Is Number One… In Healthcare Prices!
ByadminThe folks at Vox media put together a series of pictures, illustrating how much more expensive medical care is in United States compared to other developed countries. Today, and in the next few days, I’m going to circulate some of those pictures. Prepare yourself for horror! Take medications, for example. (Please!) Pills for rheumatoid arthritis…
Charging Copays and Deductibles During a Pandemic Is Foolish—and Deadly (Newsweek)
BypeterIn areas of the country hardest hit by COVID-19, clinicians are already being forced to make tragic rationing decisions: about who to admit to the hospital, who to transfer to the ICU and who to place on scarce ventilators. These decisions feel out of character with our national identity. We normally think of ourselves as…
Beware of Large Pizza Slices!
ByadminPizza is pizza, and a full stomach is a full stomach. But when restaurants slice pizza into smaller pieces, you are probably likely to consume less pizza:
Can Behavioral Economics Lower Healthcare Costs?
ByadminInsurers can use behavioral economics, which examines why people make certain decisions and then determines how to influence said decisions, to compel members to improve their health, according to research from the Robert Wood Johnson Foundation. “I don’t think there’s any question that behavioral economics approaches have a lot of potential to contribute to healthcare,”…
Paul Samuelson's View of Milton Friedman
ByadminIn their book Animal Spirits, George Akerlof and Robert Shiller recount the intellectual battles waged between Milton Friedman and Paul Samuelson, two of the 20th century’s most important economists. Friedman was a huge believer in the power of markets, and in consumers’abilities to make rational decisions. Samuelson also recognized the power of markets, but thought…
More on Advertising Junk Food to Kids
ByadminI recently posted a blog showing what television channels are most commonly used to advertise junk food to kids. Here’s a couple other pictures illustrating some fascinating facts about such advertising. First, the advertisements don’t seem to place as much emphasis on food as they do for adult advertisements: And why is that? Because they…

