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Not the Media Coverage I Expected
ByadminI was recently quoted in an article about opioid addiction in what looks like a far-right website. Not surprisingly, they took my quote out of context. They quote me, quoting some other people I disagree with, and then use that as evidence for the thing I quote. Here’s an excerpt of the article in case…
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?
Unnecessarily Uninsured
ByadminThis picture, from the Kaiser Family Foundation, shows that many people who lack health insurance in the United States right now are actually eligible for either Medicaid or federally subsidized private insurance.
Medicare Is Reducing the Cost of Knee Replacements (Here's How That Could Backfire)
ByadminKnee replacements are booming. Between 2005 and 2015, the number of knee replacement procedures in the United States doubled, to more than one million. Experts think the figure might rise sixfold more in the next couple decades, because of our aging population. Since many people receiving knee replacements are elderly, Medicare picks up most of…
Are Medicare Prescription Benefits Too Stingy?
ByadminThe bill she received in the mail revealed a staggering figure — $9,225 for one infusion of Avastin, a chemotherapy drug. And she would need many more such infusions. Fortunately, the dollar amount is what medical experts call a “charge,” which in normal marketplaces refers to the amount a provider expects for the good or…
Think Fast and You'll Lose Money Quickly (A Behavioral Economics Explanation of Irrational Gambling)
ByadminShutterstock I have just given you $78. (I’m a generous guy.) Now I’m giving you a choice: you can enter a lottery where you have a 75% chance of losing that $78 and a 25% of keeping it, or you can hold on to $20 and avoid the lottery all together. Quick—tell me what you…

