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Obesity Nation!
ByadminHere is a picture, courtesy of the Financial Times, showing obesity rates among OECD nations. Only 5% of people living in Korea and Japan qualify as obese. Yet obesity rates are drastically higher in the United States; if someone’s in American, there is practically a 4 in 10 chance they are obese. Not something to…
The Most Expensive Medical Condition Is Not What You Think
Byadmin2In a minute, I’m going to ask you what the most expensive medical condition is in the American healthcare system. Before you guess, however, I’m going to explain what I mean by “most expensive.” I’m not talking about cost per patient. Some people with cancer receive hundreds of thousands of dollars of chemotherapy per year,…
Paying for "Patient Satisfaction" Harms Hospitals That Care for Poor People
ByadminAll 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,…
Celebrating Colorful Language
ByadminI realize that I do not have the most focused blog in the world. Some people blog about nothing other than, say, capital punishment or new developments in whiskey. I write about psychology, behavioral economics, ethics, the doctor-patient relationship, health policy, political partisanship… a relatively wide range of things, but topics often linked by the…
Are Your Healthcare Prices Outrageous? Here's What Happens When Prices Come Out Of The Dark
ByadminThey both had shoulder pain, persistent despite weeks of physical therapy. Both received MRI examinations at reputable radiology facilities, looking for things like rotator cuff tears, labral disruptions and other anatomical abnormalities. What was different was the price they paid for the MRI, with one patient paying $1000 more than the other. Welcome to the…
Insurance Is So Complicated, Even Doctors Don’t Know What You’ll Have To Pay
Byadmin2Imagine your physician prescribed an expensive new drug for you. Concerned about its price, you ask what your out-of-pocket costs will be. To help your physician, you even pull out details of your insurance coverage. But even with this information in mind, don’t expect your physician to be able to estimate your costs. The complexity…

