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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Recently, I posed some thoughts about why the stoplight warning symbols about to be used for food products in United Kingdom might be misleading. A blogger at BigThink.com picked up on my train of thought. Here is her piece: Color-Coded Nutrition Facts May Confuse Rather Than Inform Consumers by Natalie Shoemaker The obesity epidemic is…
Listen to this Marketplace report on consolidation in the world of health insurance. It is an interesting report, and also the first public acknowledgment that I am, gulp, a Business Professor!
Any effort to rein in health care costs needs to account for this graph, showing what percent of medical expenses attributed which group of patients. (Martin Gaynor posted this picture in a recent blog.) I use another version of this in my teaching: Either way, what we have here is an AMAZING concentration of spending….
In 2006, health-care expenditures in the U.S. rose 6%, a rate of growth significantly higher than inflation and one that, if sustained, would lead to a doubling in health-care spending in a mere dozen years. Some of that extra spending was a function of more doctors doing more things to more people—an increasing number of…
Millions of U.S. citizens are too poor to buy health insurance but not poor enough to qualify for Medicaid. And this “not poor enough” problem varies, state by state, depending on the generosity of local governments. In some states, a person’s income can sit below the poverty level, and that person still won’t qualify for…
High costs make it hard for many patients to afford their medications. That’s why some medical experts believe we should give important medications to patients for free, to see if that improves their health outcomes. One famous example of this approach is the MI FREEE Trial, which offered free cardiovascular medication to patients who would…