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At Risk of Financial Ruin
ByadminAccording 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!
Rare Diseases Are Becoming Too Common. Sound Impossible? Here's Why It's Not
ByadminIt 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…
Only One Thing Certain about Healthcare Costs: They Grow Faster Than Everything Else
ByadminHere is a very interesting picture from the Atlantic website, charting the unpredictability of healthcare costs. The picture was put into the article in large part to point out how hard it is to estimate how much healthcare costs will grow over time. And certainly, the up-and-down roller coaster like quality of this picture is…
Power of Analogy
ByadminFrom time to time in this blog, I take a moment to celebrate fine writing. Here is an example I came across in an article in Smithsonian magazine from May 2014. The author, Corey Powell , was trying to explain how astronomers use gravitational “tug” to indirectly reveal the existence of planets. In other words, they can’t…
So Much for the Job Killing Effects of Obamacare
ByadminDespite passionate warnings that the Affordable Care Act would demolish the American economy, things haven’t exactly turned out that way. Here is evidence Dan Diamond circulated a while back. Dan is someone I suggest you follow on Twitter if you want more pictures like these: