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?
Need I say more?
The first time scientists sequenced a person’s entire genome, it took more than a decade and cost hundreds of millions of dollars. Currently, such sequencing takes less than twenty-four hours and costs less than $5,000: To put that into perspective, Myriad Genetics charges $3,000 to test for mutations in just two genes associated with breast…
The experiment was simple. A group of behaviorally-minded researchers tested whether patients are more likely to receive mammograms when those tests are automatically scheduled (meaning they can opt out if they want) versus when they have to opt in for the tests. Automatic scheduling should have increased mammograms. It didn’t. In one respect, it even…
If you get insurance through your employer, you don’t have to worry about whether insurance will cover maternity care. The company is required to do so by law. But that doesn’t mean the insurer will be very generous. Because in the United States, having coverage doesn’t mean you’re well-covered. Employers are increasingly corralling their employees into high…
Some people worried that the ACA would kill employer-sponsored health insurance, by giving employers an “out” – by letting them shift insurance to the exchanges. The ACA set up financial incentives, to reduce such shifting. And so far, it looks like it’s working: Still quite early, of course. I’ll keep my eyes open for further…
Here’s a picture from a New England Journal of Medicine article showing that in 2015 and 2016, Obamacare premiums grew more slowly than private insurance premiums rose before the law came into effect: The Obamacare markets are new and unsettled. But so far they aren’t leading to runaway inflation. But what will happen to these…