Despite 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:
The Obamacare health insurance exchanges have been up and running for only a few months now, with a semi-functioning website active for even less time than that. So it is far too early to tell who will benefit and who will be harmed as the law continues to unfold. In the absence of solid data,…
All else equal, it would be wonderful if hospitals had an incentive to provide high quality care. It does not seem fair to pay the same amount of money to a hospital that does a great job of caring for its pneumonia patients and one that does a lousy job. For the most part, however,…
Here is a write-up of a talk I recently gave at the NIH. The topic is a good one, about doctors and decision making and all that crap. But the real importance of linking you to the story is to find out if you hate my sport coat as much as my wife does. It…
Here is a quick review from the Commonwealth Fund showing what happened to jobs in the United States since 2000. A dramatic growth in healthcare jobs, and almost no growth in the rest of the economy: Something to keep in mind, because if we ever get healthcare costs under control, we had better hope to…
For decades, the pharmaceutical industry has been highly profitable. The recipe for such profits has been pretty simple for most of the last half-century–discover a chemical or molecule that treats a common problem, like hypertension or diabetes or erectile dysfunction, and make billions of dollars while that product is still under patent protection. But of…
The starting salary of an orthopedic surgeon in the United States is $565,000. Family medicine physicians, by contrast, can expect a starting salary closer to $250,000, a good living by almost any measure, but a pay disparity that doesn’t strike most experts as reflecting the value, or importance, of these two specialties. If Kennedy wants…