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Sticking It to the… Employee!
ByadminOld news – healthcare costs are rising again. Older news – healthcare costs have been rising, faster than inflation, for most of the last half-century. Newer news – those costs are increasingly being born by employees rather than employers. Here’s a picture I came across at Vox, an excellent website for healthcare news.
See What Cost Shifting Is Doing to Medical Spending
ByadminThere has been lots of talk lately about a slowdown in health care expenditures. This has caused even more debate about whether the slowdown is temporary or permanent, and whether the Affordable Care Act deserves any credit for it. Below here is a picture from a recent analysis in Health Affairs, which shows the change…
Tobacco is Taking Over the World!
ByadminWe’ve done a lot of things in the United States over the last few decades to curb tobacco consumption. We’ve warned people cigarettes will kill them, created persuasive ad campaigns to scare people away from cigarettes, and added a hefty tax to the product. As a result, cigarette use in United States is lower than…
A Health Insurance Double Whammy
ByadminIn case you missed it, I am recirculating a picture put together by the Kaiser Family Foundation , which reveals two unsettling facts about health insurance in United States. First, the cost of employer-based health insurance has risen 61% since 2005. When health insurance premiums rise, salaries don’t. That’s a problem. Second, worker contributions have…
Finally: Something Republicans and Democrats Can Agree On
ByadminThe United States Medicare program is forbidden, by law, from negotiating with pharmaceutical companies. This was part of a negotiation that was reached at the time that the government, under the leadership of George W. Bush, created Medicare Part D, to cover prescription benefits for Medicare recipients. The pharmaceutical industry was quite worried that government…
More Information on the Cost of Post-Acute Care
ByadminIn a recent Forbes post, I wrote about geographical variation in healthcare expenses, and pointed out that a lot of this variation occurs after people leave hospitals. That’s when people end up in nursing homes, rehabilitation facilities and the like. Well it turns out, not only is there great variation in these expenses, but these…

