Tag Archives: healthcare costs

The Benefits of High Health Care Expenditures

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, … Continue reading

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Half of Healthcare Spending: For 1/20th of the People

It is not unfair that we spend more on medical care for some people than others. After all, some people are sicker than others. If there’s anything unfair, it’s probably the uneven distribution of illness and disability. That said, the … Continue reading

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If We Cut Surgical Pay, Will Surgeons Cut into More People?

Shutterstock Knee replacements are booming. Between 2005 and 2015, the number of knee replacement procedures in the U.S. doubled, to more than one million. Experts think the figure might rise 6-fold more in the next couple decades, because of our … Continue reading

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The Cost of New Cancer Drugs (In One Picture)

“Specialty drugs” – that’s what they’re called. Not the pills of old, these pharmaceuticals are often given intravenously or through injection. Often more biologic in their synthesis than chemical, they are expensive to produce and often target narrow disease processes, … Continue reading

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Medical Debt Demystified (What You Owe Isn’t Necessarily What You Owe)

When Lorie Duff was pregnant with her third child, she did what all good moms are supposed to do. She went to the ObGyn clinic for prenatal care. But she fell behind on the clinic payments. She only made about … Continue reading

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Obamacare Insurance Premiums – Not Growing Too Fast

Here’s a picture from a New England Journal of Medicine article showing that in 2015 and 2016, Obamacare premiums grew more slowly than private insurance premiums rose before the law came into effect: The Obamacare markets are new and unsettled. … Continue reading

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What Is Maddening about Pharmaceutical Prices?

Imagine that you are gasping for breath, literally on the verge of death. Then someone injects you with a medicine and – miracle! – you are perfectly healthy again. Would you pay $300 for that injection? The treatment is epinephrine; … Continue reading

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America’s Healthcare Price Problem

Want to know why we continue to spend so much more on healthcare than other countries? We have a price problem, one that experts predict will play a huge role in future healthcare spending: If we want to reign in … Continue reading

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How Companies Can Save Millions on Healthcare Benefits (without Harming Employees)

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 … Continue reading

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Unsustainable

This picture shows changes in the cost of treating colon cancer, from 1993-2005. It shows unsustainable growth in these expenditures: By unsustainable, however, I do not mean unjustifiable. Patients with colon cancer have much better prognoses in 2005 than 1993, … Continue reading

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