Latest Blog Posts & Articles

Angry Your Doctor Won’t Tell You What That Test Costs? You Should Be!

 photocredit: Getty

Steve B. wasn’t going to be fooled twice. He’d recently seen an ear, nose, and throat specialist for a “tickle in the throat” that wouldn’t go away. He’d forked over a co-pay at check-in, but then the doctor said he needed “to put a scope down there” and check his throat. He later received a bill for $250, reduced by his insurance company to “only $190.”

He was irate: “If my doctor would have told me: ‘Steve, I think we should scope you, but that is a $250 service that isn’t part of the office visit. I don’t know what your end cost will be,’ I could have made an informed decision… I didn’t get that option.”

So a few weeks later when he was seeing an allergist, Steve made sure to ask whether his insurance company would cover the cost of allergy testing. The doctor replied “I never heard anyone complain it; it’s something we do a lot.” Steve agreed to the test and (you know where this true story is heading) received a bill in the mail requiring him to pay $800.

(To read the rest of the article, please visit Forbes).


Posted in Uncategorized

Free Markets – Madness or Miraculous?

Recently, I got an incredibly nice email from a complete stranger. It began like this:

“I am an Economics teacher in England and have just finished reading your wonderful book ‘Free Market Madness’.

When you write a book that only 5 people read, it is nice that at least one person thinks it is wonderful. Anyway, the email continued:

“I know I am about 9 years behind the curve with this one, especially as I am also a great proponent of the ideas advanced by behavioural economists. Your book was referenced in Ha-Joong Chang’s great book ’23 Things They Don’t Tell You About Capitalism’ and I found it on Amazon with an American bookseller.”

Holy crap—it has been nine years?!?

“Given one of the themes of your book, how consumers can be misled by corporations, it is ironic that Amazon has connected me (a consumer who wanted your book) with a buyer half way around the world (who wanted to sell your book). I think I am also sufficiently savvy to be aware of how the algorithms used by Amazon also attempt to get me to buy other stuff.”

Wow—a “buyer half way around the world?” Does that mean he bought a USED copy? Oh well, at least I have these words as consolation:

“From our perspective in England it is reassuring to read work from people like yourself – balanced, informative, well-researched and discursive – given the trends we witness with the rise of populist and extremist support both in the US, our own country and across the world generally. I am thoroughly enjoying the work you blog and put online, and once again would like to thank you for enlightening the world with your thoughts and contributions.”




Posted in Uncategorized

Medicaid: It’s an Antipoverty Program, Stupid!

photocredit: Getty

The first time Bill Clinton ran for president, his campaign chair was determined to keep the famously verbose candidate focused on one topic. So he coined a phrase:  “It’s the economy, stupid!”

That phrase comes to mind when I think about our country’s Medicaid programs. Medicaid is a federal/state partnership to provide healthcare coverage to low-income Americans. Most people think of Medicaid as a healthcare program. Which it is, of course, in many ways. It pays for healthcare, after all. But if we think of Medicaid as being only a healthcare program, we overlook its much bigger impact on people’s lives.

Medicaid is an antipoverty program.

(To read the rest of the article, please visit Forbes).

Posted in Health & Well-being

Uncovered: In America, Insurance Doesn’t Guarantee Access and Coverage Doesn’t Mean You’re Covered

Health insurance application form with stethoscope and calculator photocredit: Getty

Something like one in seven people living in the US have no healthcare insurance. In fact, the number of uninsured people has grown by 7 million since Trump has become president. (Make America Uninsured Again?) These numbers are atrocious. Embarrassing. Shameful, actually, in a country as wealthy as ours. We need to recommit ourselves to guaranteeing people access to affordable healthcare insurance.

And then we need to go one step further and make sure the insurance we offer is robust enough to allow people to receive necessary medical care without going bankrupt. Because currently, even when Americans do have health insurance, they often don’t have access to affordable medical care.

(To read the rest of the article, please visit Forbes).

Posted in Health & Well-being, Health Policy

Angered By High Health Care Spending? Here’s What Maryland Is Doing

photocredit: Getty

US healthcare spending is maddeningly high. As in: fifty percent higher than what other wealthy countries spend, with no evidence we’re getting any bang for all those additional healthcare bucks.

In 2014, the state of Maryland took direct aim at this profitless profligacy, enacting a bold (dare I say European?) approach : it gave hospitals fixed budgets to cover the costs not only of inpatient hospital care, but also outpatient care and emergency room services. It basically told hospitals that, if they wanted to stay in business, they better figure out how to care for patients more efficiently.

(To read the rest of the article, please visit Forbes).

Posted in Behavioral Economics and Public Policy, Health Policy

Your (500) Physician(s) Will See You Now

Portrait of a group of medical practitioners standing together in a hospital photocredit: Getty

The day of solo practitioners is coming to an end . In its place will be gaggles of gastroenterologists and flocks of physicians. Mega practices are becoming the norm in American medical care.

Here’s a few pictures of this trend, somewhat dated (they only go through 2015) but still quite revealing.

(To read the rest of the article, please visit Forbes).

Posted in Behavioral Economics and Public Policy

Mirror, Mirror, On The Wall, Who’s The Happiest Cancer Patient Of All?

It is not a mirror you can easily use when trimming your beard or flossing your teeth. Because if you face it and aren’t smiling, this is what you see:

Nothing but an opaque, glass surface. That’s because the mirror, designed by Berk Ilhan, only becomes reflective when the person facing it smiles:

Ilhan designed this mirror for cancer patients, hoping it would encourage them to smile and, therefore, make them feel happier. There’s no randomized control data on its effectiveness yet. But it’s possibly a brilliant way of making people with cancer—heck, maybe all of us—smile a little more.


Posted in Uncategorized

Would Jesus’ Politics Be More Like Trump’s Or Nancy Pelosi’s?

To my liberal friends, Donald Trump’s polices are a moral abomination (not to mention, his own personal behavior which, of course, I just mentioned). To my conservative friends, Donald Trump and his policies are, quite literally, a godsend (as the press secretary made clear). Flip the topic to Nancy Pelosi, and you’ll find a similar divide. It is hard to distinguish what we think of her policies from our views of the morality of her liberal ideology.

These differences in moral attitudes lead to maddening conversations when people from opposite sides of the political spectrum find themselves debating politics. Would those disputes be more productive if we all took a step back and asked what God thinks of these policies? Sadly, no, as shown by a profound study led by one of my academic heroes, Lee Ross from Stanford University.

(To read the rest of the article, please visit Forbes).

Posted in Uncategorized

Shameful Nation

Want to go bankrupt from medical bills? You should move to the United States, where that fate is WAY more possible than in other wealthy countries:



Posted in Uncategorized

Medicaid Reform Ain’t Easy

All the Republican health care bills that have so far failed to pass through Congress have tried to reduce Medicaid spending, by limiting the amount of federal money going to states to cover this population. That might be popular among some conservative voters, who think Medicaid is a handout to healthy but lazy young people who don’t want to work. It would be hard for that to be more wrong. The majority of Medicaid spending goes to elderly and disabled people:

When your mother develops Alzheimer’s, and can’t afford a nursing home, it is usually Medicaid that picks up the tab. When your neighbor experiences a traumatic brain injury and can no longer work, it is Medicaid that pays his healthcare expenses.

Cut Medicaid, and it is these people who will suffer.

Posted in Health Policy