It's We, the Public, Who Are "Flip Floppers"
The failure of health care reform does not rest solely at the president’s feet. Instead, we, the general public, are also to blame…(Read the rest and view comments at Scientocracy)
The failure of health care reform does not rest solely at the president’s feet. Instead, we, the general public, are also to blame…(Read the rest and view comments at Scientocracy)
In the New York Times on Friday, Roni Caryn Rabin writes a great article about the crazy price hikes that hospitals and medical clinics impose upon patients who come to them from “out of the network.” Examples include a more than $6,000 doctor visit, one for which Medicare would have paid less than $200. Examples…
A jab to the right, then Carmelo steps back behind the three-point line and launches a shot. It clanks off the back of the rim. How likely is he to be the next person on his team to attempt a shot? And what are the odds that his follow-up shot will come from behind the…
Here 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…
Heuristics is jargon used by decision psychologists and behavioral economists to refer to cognitive shortcuts we humans take to make judgments and decisions. One of the first heuristics identified as such by Danny Kahneman and Amos Tversky was the anchoring heuristic. I would define it for you, but it is wonderfully captured in this cartoon:
The United States is finally catching up to the rest of the developed world by integrating electronic medical records (EMRs) into our healthcare systems. I thought I would share a couple pictures illustrating just how quickly the U.S. healthcare system is adopting these EMRs. The first picture comes from an article by Emily Jones and…
A new report out of Massachusetts concludes that people there are paying more for their health insurance, at the same time that the services covered by their insurance are declining. Here’s a picture from a Kaiser summary of the report: The Kaiser story also points out that a big problem in Massachusetts is that people…