The New Yorker’s Roz Chast Nails the Topic of Healthcare Price Transparency
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Obamacare Is Experimenting on Us (Does That Make Us Frankenstein or Fusilli?)
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(Photo by Joe Raedle/Getty Images) Obamacare is a large, unwieldy law. Despite its complexity, most people are familiar with its most important elements. They know it created a marketplace where people can shop for healthcare insurance; many are even aware that the cost of that insurance is subsidized for people with lower incomes. Others realize…
How Do Scientists’ Beliefs Differ from Those of Laypeople?
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Do you think it is safe to eat genetically modified foods? I do, because I believe that most foods we eat have been genetically modified. Cows wouldn’t be cows if humans hadn’t changed them genetically, through breeding practices. That also might be because I’m a scientist, and one of the beliefs that separates scientists from…
You Know Who Else Fails 'The Jimmy Kimmel Test?' Hospital Emergency Rooms
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(Randy Holmes/ABC via Getty Images) When Jimmy Kimmel’s child was diagnosed with a serious heart condition, Kimmel realized that people without his wealth (or his generous insurance coverage) would not be able to pay for the life-saving care that his child received, if their children were to be similarly ill. So he gave a moving…
Moderate Politicans: No Reason to Run for Office
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A while back, my friend and colleague Brendan Nyhan sent out a disturbing picture showing that moderate politicians, from both the Democratic and Republican parties, are less likely to run for seats in the House of Representatives than more extreme politicians: Very disturbing trend! It is hard to see the policies of our country improving if…
Millions To Be Made On…Generic Drugs?
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It is well accepted among health economics wonks that the lion’s share of pharmaceutical company profits come when these companies hold exclusive rights to their products. Once their blockbuster pills go “generic,” competitors enter the marketplace and profits plummet. Consider captopril, a groundbreaking heart failure medication introduced in the early 80s by Bristol-Myers Squibb under…
Unsustainable
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This picture shows changes in the cost of treating colon cancer, from 1993-2005. It shows unsustainable growth in these expenditures: By unsustainable, however, I do not mean unjustifiable. Patients with colon cancer have much better prognoses in 2005 than 1993, in large part due to advances in chemotherapy. Instead what I mean by unsustainable is…