What Do People Think About When Choosing Health Insurance Plans?
Here is a discussion I had with Tess Vigeland of Los Angeles Public Radio about the psychology of choosing health plans.
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American presidents have been trying to reform our health care system since at least the Nixon era, but with only limited success. Past reform efforts have failed for many reasons. For starters, the U.S. health care system is complex, with the medical industry making up almost 1/6 of our economy. But perhaps the biggest obstacle…
They take our money, and hand it over to hospitals and doctors, while keeping a good portion for themselves. What a waste, huh? Well, yes and no. To see a really illuminating discussion of health insurance companies, and what they really do, see this blog http://michaelbrownmd.blogspot.com/2010/02/health-insurance-does-not-earn-its.html by Michael Brown– the Chief Information Officer at Harvard…
The failure of health care reform does not rest solely at the president’s feet. Instead, we, the general public, are also to blame…(Read the rest and view comments at Scientocracy)
According to the American Action Forum, 43 million American workers will lose access to employer-based health insurance coverage because of Obamacare. Critics of the Affordable Care Act (ACA) have warned that the creation of health insurance exchanges, and federal subsidies for people earning less than 400% of the federal poverty limit, practically invites employers to stop offering coverage to their employees, so…
It was 93 degrees and humid. Jimmy Lawrence put his first five quarters into the vending machine and selected a Coke. The machine refused to give him his beverage. Because the temperature was more than 90 degrees, the computer program within the vending machine had raised the price to $1.50. Is that fair pricing? …(Read…
Here is a very interesting picture from the Atlantic website, charting the unpredictability of healthcare costs. The picture was put into the article in large part to point out how hard it is to estimate how much healthcare costs will grow over time. And certainly, the up-and-down roller coaster like quality of this picture is…