The Critical Side Effect Doctors Aren't Discussing: Out-of-Pocket Costs
In this video, I talk about why doctors should talk to patients about out-of-pocket costs when evaluating treatment options.
In this video, I talk about why doctors should talk to patients about out-of-pocket costs when evaluating treatment options.
Those of us who work in behavioral economics love discovering brain farts—cognitive biases and unconscious illusions that highlight the limitations of human nature. We enjoy uncovering hidden sources of irrationality — mental shortcuts that send people down the wrong paths.
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Here is a picture from a recent Atlantic article, showing that, pre-Obamacare implementation, women have more difficulty paying for medical care: The ACA should fix improve this situation, meaning Obamacare should help women more than men. (Click here to view comments)
“If you insure them, they will come.” Those words might as well be the mantra of hospitals across the country, because they can expect an onslaught of customers thanks to the expansion of health insurance under Obamacare. A recent study published in Science showed increased emergency room use among people in Oregon who became eligible…
Carol Jefferson’s right lung x-ray looked the color of a February storm in Northern Minnesota—a blizzard of white making bone and lung invisible. Her lung was “whited out” because she was experiencing a dangerous combination of tumor and infection.
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“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, meaning the number of patients likely to benefit from them is much much smaller than,…
A bunch of media outlets are beginning to report on a new study of mine (conducted with a couple of great colleagues) in which we found that docs choose different treatments for themselves than they recommend to their patients. Kinda scary stuff. This Marketplace report is worth listening to. Check out the ‘News and Press’ page for links to some of the other reports.