Economics Behaving Badly
George Loewenstein and I have an Op-Ed in the New York Times today. Check it out, and feel free to add your comments.
George Loewenstein and I have an Op-Ed in the New York Times today. Check it out, and feel free to add your comments.
The idea seems so simple: (A) When hospitals leave catheters in people’s bladders for too long, people get urinary infections. (B) Third party payers like Medicare and insurance companies are then billed for the cost of treating these infections. (C) If Medicare refuses to pay for these treatments, and force hospitals to bear the cost…
Here is a podcast I participated in, put out by folks at GWU. A quickish interview on the challenge of getting doctors to stop doing things they ought to stop doing. You can also listen to it on iTunes, or on Stitcher.
We have experienced an impressive slowdown in the growth of healthcare expenditures in recent years, a slowdown attributed in part to the plethora of important drugs which have gone generic in recent years. But state Medicaid programs, according to a recent study in Health Affairs, could have slowed healthcare costs even more, if they had been quicker to switch patients from trade to…
“We need to be screwed!” Not altogether surprising words to spill out of a college student’s mouth. But this particular student was not talking about sex. She was discussing the U.S. health-care system–more specifically what she thought it would take for our two political parties to come together to find a … (Read the rest…
In June of 2013, the American Medical Association officially recognized obesity as a disease. The organization had its reasons. For starters, obesity leads to heart attacks, strokes, diabetes, early-onset degenerative arthritis…and just about every other illness on the planet. In addition, people with obesity face a very difficult time overcoming their condition: Short of highly…
Paying someone to mow your lawn is a pretty straightforward affair. Ryan the lawn guy will look at the lawn size and maybe the hilliness of your yard and you’ll settle on a price for mowing and trimming it. When you decide to contract for Ryan’s services on a more regular basis, payment might get…