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Is Information Always A Good Thing?
Byadmin“Is Information Always A Good Thing?” – Medical Care
Everyone Agrees Obamacare Prices Have Been Rising Rapidly (But Everyone Is Wrong)
Byadmin(Photo by Joe Raedle/Getty Images) It has been well publicized that premiums for Obamacare insurance plans have been rising at a disturbing rate. Local news is filled with reports of 21.5%, 36.3% and even higher price hikes. President Trump complained in February that Obamacare premiums “have increased by double and triple digits,” even remarking that premiums in Arizona “went up 116%…
Think Fast and You'll Lose Money Quickly (A Behavioral Economics Explanation of Irrational Gambling)
ByadminShutterstock I have just given you $78. (I’m a generous guy.) Now I’m giving you a choice: you can enter a lottery where you have a 75% chance of losing that $78 and a 25% of keeping it, or you can hold on to $20 and avoid the lottery all together. Quick—tell me what you…
More Coverage of Our Out-Of-Pocket Expenses Research
ByadminMy colleagues and I have been doing lots of research lately on how physicians and patients discuss out-of-pocket expenses during clinic encounters. One of our recent publications has been getting lots of attention, with this being the latest example. I thought I would share it with you: Recent qualitative findings published in Health Affairs showed that physicians…
Blog Articles Will Resume in August
ByadminI am on a “writing sabbatical” this summer with limited access to the internet. I will resume posting articles in August. I hope everyone is enjoying their summer!
How Hospitals Turn Charity Care Into Profits — At Taxpayers' Expense
ByadminSometimes it is hard for hospitals to provide expensive care to poor patients. When a low-income patient needs $20,000 of chemotherapy, a hospital loses money if that patient cannot pay for the medicine, or pays through Medicaid, with its relatively stingy reimbursement. Fortunately, the federal government created a program for hospitals that care for a…

