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Are Doctors Afraid to Talk Math with Their Patients?
ByadminBefore patients can become savvy consumers of healthcare, they need information about their healthcare choices. Too often, such information is nearly impossible to get, especially when it requires doctors to give patients useful statistics about things like treatment side effects. Since publishing Critical Decisions this fall, I have received a number of emails from readers who…
Regulating Surprise Bills Lower Healthcare Prices – Guess How Much
Byadmin2You wake up in the post-operative recovery area, still groggy, the full effects of the procedure obscured by an anesthetic haze. You begin to ponder several questions: Was the surgery a success? Did the surgeon find anything unexpected? How quickly will the procedure make you feel better?
There’s another question you might ask yourself. A few weeks from now, is anyone involved in your care going to send you a surprise bill?
Medicare Drug Coverage Is Often Inadequate—Here’s Why
Byadmin2Your father’s rheumatoid arthritis medicine was working well, fighting off that otherwise debilitating illness. Then he found out that Medicare would no longer pay for the drug. Your aunt’s multiple sclerosis was flaring and her neurologist recommended a promising new treatment. But she learned that she would have to try, and “fail,” on two other…
Here’s How Tripling Prices Could Save You 40% On Your Medications
BypeterMedication prices in the US have gone from wild to insane; from expensive to outright unaffordable. But a tripling in prices could save us all a lot of money. Here’s how that would work. It’s a policy known as external reference pricing. The idea is simple. First, the US government would look at how much…
$10 Short? No Health Insurance For You
Byadmin2Thanks to the Affordable Care Act, a.k.a. Obamacare, millions of people receive generous subsidies to cover the cost of health insurance. Some people, in fact, receive coverage for free, their monthly premiums paid in full by the federal government. Unfortunately, even a small change in price can cause people to lose their coverage. That’s important…
American Healthcare Prices -Simply Outrageous
BypeterWhen it comes to healthcare spending, the U.S. is without peer. Consider the 20 countries making up the Organization for Economic Cooperation and Development (called the OECD by the cool kids). The organization includes countries like Australia, Austria, Belgium, Canada, Chile, and the Czech Republic. Oh also Finland, France, Germany…you get the idea. It also…
