On March 14, 1942, an American soldier with bacteria coursing through his bloodstream was treated with penicillin, a new wonder drug that saved his life. That single treatment exhausted half the nation’s supply of the drug. Two years later, as U.S. troops prepared to launch the D-Day invasion, America had more than 2 million doses of the drugready…
The free market is supposed to be efficient. Yet employers are throwing away hundreds of millions of dollars, by not giving their employees intelligently designed healthcare benefits that encourage them to shop for affordable lab tests. Right now, when your doctor orders a CBC (complete blood count) and a basic chemistry panel (checking your sodium,…
Take a look at the image below and decide what you are seeing: Some of you might have seen a “B.” Others might have seen the number 13. The image, after all, is ambiguous. For that reason, in fact, it was used by researchers to study how our hopes influence our perceptions. The study design…
I write frequently about the high costs of healthcare, in the U.S. and in many other parts of the world. And in general, I believe strongly that most developed countries need to look seriously at how they’re spending healthcare dollars, and make great efforts to promote high value medical care. But in trying to control…
One reason our healthcare system in the United States is so messed up is that so few Americans understand much about it. For that reason, their attitudes towards various healthcare reform proposals veer left and right depending on how they are asked for their opinions. Here’s great evidence of that phenomenon, as reported by the…
“Animal Madness” – Worth