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At Risk of Financial Ruin
According to figures from the Kaiser Family Foundation, one of the best sources of reliable health policy information, the majority of Americans will have to exhaust all their “liquid assets” to cover medical expenses, if they reach the maximum out-of-pocket costs allowed by their health insurance. The moral of this story is simple: stay healthy!
Free to be Obese?
A short video showing why our eating decisions are often not conscious, or wise.
In this video, part of a webcast being organized by Fuqua, I lay out some thoughts on the psychology of obesity. Check it out. I’ll post a Q and A video on this topic (with the Qs provided by Fuqua alums) in a couple weeks. Feel free to add your questions in the meantime, and I’ll try to cover them too!
Rare Diseases Are Becoming Too Common. Sound Impossible? Here's Why It's Not
It is hard to make money treating rare diseases. There simply aren’t enough customers to generate many profits. That’s why the U.S. government passed the Orphan Drug Act in 1983, a law which created a series of incentives to encourage drug companies to develop treatments for rare or “orphan” diseases – conditions affecting less than…
Your Physician Can't See You Yet – She's Busy Filling Out Paperwork!
Left to our own devices, most of us physicians try our best to provide high quality care to our patients. But almost none of us provide perfect care to all of our patients all of the time. In fact, many of us get so caught up in our busy clinic schedules we occasionally forget to,…
The U.S. Healthcare System Is Back to Its High-Spending Ways
Shutterstock 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 Psychology of Entrepreneurial Success
In a recent post, I give you a flavor for Rich Cohen’s wonderful book The Fish That Ate the Whale. One of the things that struck me in reading his book was the psychology of entrepreneurial success. It is often difficult to be a superstar entrepreneur if you are realistic. Often the biggest successes in…