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What Drives Me Crazy about the Popularity of Behavioral Economics
A recent article in the Minneapolis Star and Tribune, my former hometown newspaper, made the kind of statement that is all too common in popular reporting on behavioral economics: “The idea that we humans are not that smart comes from behavioral economics.” Really? Behavioral economics discovered stupidity? Irrationality? The limits of human intelligence? That is…
Genetic Testing Can’t Do Our Behavioral Dirty Work
Here is the opening of a recent media story, reporting on a noble attempt researchers made to promote colon cancer screening by telling people when their genetic risk of such cancer was elevated: People at average-risk for colorectal cancer (CRC) who underwent genetic and environmental risk assessment (GERA) to evaluate their risk for CRC were…
What Does Health Insurance Procrastination Have to do With Bruce Springsteen?
In this Marketplace report, Dan Gorenstein explores the role procrastination played in all the last minute efforts to sign up for health insurance through Obamacare this year. Read on to see how I managed to work “the Boss” into the story. Updated Monday, Dec. 23: The Obama administration announced on Monday it was giving a one-day…
The U.S. Healthcare System Is Back to Its High-Spending Ways
Shutterstock For a few years, U.S. healthcare spending seemed to be under control, rising no faster than the economy as a whole. The proportion of our GDP spent on healthcare was flatter than a Nebraska cornfield in November. Here’s how much we spent on healthcare, relative to the economy as a whole, between 2009 and…
If Costs Are Unknown, Can Doctors Still Talk About Them?
I have been writing a bit lately on the need for healthcare providers to talk with their patients about healthcare costs, if for no other reason than to enable patients to determine whether they can afford to pay for the healthcare that their doctors are recommending them to receive. I have been criticized for this position, on…
Look What Obamacare Has Done Now
The percent of Americans without health insurance has dropped precipitously in the last few years, thanks in large part to the Affordable Care Act, a.k.a. Obamacare. This is especially true in those states that, in accordance with the law, expanded Medicaid eligibility. Here is a picture of some recent data: This is really good news,…