Some people look at the figure below, and say that too few insurance companies have too much of the market for Medicare Advantage (a program that allows Medicare recipients to get private coverage). But I look at it and think it looks like a pretty robust market:
What do you think?
Here is an article from the University of Indiana student newspaper, showing that even young adults in United States realize we have a price transparency problem in the U.S. healthcare system. Very exciting to see how many people care about this topic! Infections aren’t the only thing to have gone viral around hospitals lately. The…
Let’s warm up with a quick arithmetic problem, which I want you to do in your head. What is one thousand plus forty? Now add another thousand And thirty more Plus twenty Plus another thousand And finally, add an additional ten. What’s the answer? According to Dean Buonomano, in his excellent book Brain Bugs, the majority…
It is an awful irony that Ludwig van Beethoven, who I consider the greatest composer in the history of the world, experienced deafness from an early age, a disability that did not seem to interfere with his musical productivity one whit. But it certainly cost him a great deal of suffering, as is quite apparent…
Interesting picture on the Vox website from Sarah Kliff, showing an increase in the number of health insurance companies planning to compete on the exchanges next year: So much for the rumors that Obamacare will quickly kill the health insurance industry. (Click here to view comments)
Old news – healthcare costs are rising again. Older news – healthcare costs have been rising, faster than inflation, for most of the last half-century. Newer news – those costs are increasingly being born by employees rather than employers. Here’s a picture I came across at Vox, an excellent website for healthcare news.
The free market is supposed to be efficient. Yet employers are throwing away hundreds of millions of dollars, by not giving their employees intelligently designed healthcare benefits that encourage them to shop for affordable lab tests. Right now, when your doctor orders a CBC (complete blood count) and a basic chemistry panel (checking your sodium,…