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A Patient Complained about the Cost of Her Medical Care. Here's How Her Doctor Responded.
ByadminThe oncologist had prescribed Xgeva hoping it would strengthen her bones while also delaying the progression of Angela Kahn’s breast cancer. But Kahn (a pseudonym) couldn’t get over the price of the drug. Before the oncologist had a chance to ask how she was feeling, she blurted out that the medication cost “$15,000 a shot.”…
Is This Enough Competition for You?
ByadminSome 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?
Obamacare Update: Which States are Going to Expand Medicaid?
ByadminPart of Obamacare involved expanding Medicaid, the health insurance program for low income folks in the U.S. The law required states to offer Medicaid to people living at 125% of the federal poverty limit or lower. States that refused to do this would lose Federal funding for Medicaid (which splits costs about 50/50 federal vs…
Are Healthcare Profits Unethical?
ByadminI recently spoke with Audiey Kao, an ethics expert at the American Medical Association. Our conversation has been released as a podcast. We talked about quite a few things, but the part I enjoyed the most involved a gentle disagreement about healthcare profits. Here is a link to the podcast: AMA Journal of Ethics Podcast:…
Cigarette Smoking Is So 1970!
ByadminI have two reasons for showing you this picture, illustrating the decline in cigarette sales in Germany, France, Japan, Switzerland and the US over the past few decades. First, to show you the decline in cigarette sales in Germany, France, Japan, Switzerland and the US over the past few decades. Second, to encourage those of…
A Force More Powerful Than Anti-Vaxxers? Economics!
ByadminWe have a vaccine crisis in the this country. Not just the one caused by anti-vaxxers like Jenny McCarthy, scaring Americans away from life-saving childhood vaccines with pseudo-scientific claims about autism. Instead I’m talking about a bigger crisis, one caused by a dangerously thin supply of vaccines. Wise parents who ignore the blatherings of people…

