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Want to Pay Higher Prices? Try a For-Profit Hospital!
ByadminIf she had been eligible for Medicare, the hospital would have charged the government $10,000 for the services it provided to her, with Medicare picking up most of the tab. But lacking insurance, she was billed directly from the hospital, and not for a mere $10,000. The total charge: $120,000! That 1200% markup is extreme….
What do people want Trump to do with our healthcare system?
ByadminHere’s a picture from the Kaiser Family Foundation from late last year, showing what people want done to improve the US healthcare system: Plenty of work to do!
What Behavioral Economics Get Wrong About Improving Healthcare
ByadminIt is notoriously difficult to change physician behavior. When it’s discovered that primary care physicians are, say, prescribing too few cholesterol pills or too many antibiotics, it will not be easy to change those behaviors. Physicians are strong-willed people, with lots of things competing for their attention and with many well ingrained habits. That’s why…
Free Markets – Madness or Miraculous?
ByadminRecently, I got an incredibly nice email from a complete stranger. It began like this: “I am an Economics teacher in England and have just finished reading your wonderful book ‘Free Market Madness’. When you write a book that only 5 people read, it is nice that at least one person thinks it is wonderful….
Antibody tests might be deceptively dangerous. Blame the math.
Bypeter“Antibody tests might be deceptively dangerous. Blame the math.” – Washington Post

