Article
The Cost Of Dying In The US Is Exorbitant. Behavioral Economics Explains Why.
Published Feb 25, 2020Featured Image For The Cost Of Dying In The US Is Exorbitant. Behavioral Economics Explains Why.
Six-year old Kimmy Merrill fell into an abandoned well outside of Oswega, Pennsylvania, her cries unnoticed in the remote countryside until her mother Susan wandered within earshot of the well. Unable to save Kimmy even with the help of local firefighters, Susan pleaded for rescue workers to dig a hole parallel to the well. Desperate […]
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Medicare Pays More Money To Doctors Taking Care Of Rich Patients. Here’s Why.
Published Feb 07, 2020Featured Image For Medicare Pays More Money To Doctors Taking Care Of Rich Patients. Here’s Why.
It has always been financially rewarding for doctors to take care of rich patients. People with more money…well, they have more money to spend on healthcare. But shouldn’t this more money/higher payment relationship go away in Medicare? It doesn’t, and some recent payment reforms may be making matters worse. (To read the rest of the […]
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Article
What Higher Ed Can Learn From Health Care
Published Feb 03, 2020Featured Image For What Higher Ed Can Learn From Health Care
Check out my recent interview with The Chronicle of Higher Education about the rising costs of education and healthcare: For decades, higher education has come under public scrutiny for rising costs. But there is at least one other sector that seems to feel even more heat from policy makers and ire from the public. That […]
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American Healthcare Prices -Simply Outrageous
Published Jan 29, 2020Featured Image For American Healthcare Prices -Simply Outrageous
When it comes to healthcare spending, the U.S. is without peer. Consider the 20 countries making up the Organization for Economic Cooperation and Development (called the OECD by the cool kids). The organization includes countries like Australia, Austria, Belgium, Canada, Chile, and the Czech Republic. Oh also Finland, France, Germany…you get the idea. It also […]
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The Life Expectancy Of Your Favorite Presidential Candidate
Published Jan 17, 2020Featured Image For The Life Expectancy Of Your Favorite Presidential Candidate
Many of the front runners in the presidential campaign are octogenarians. President Trump, a virtual lock to be the Republican nominee, is 73 years old. Bernie Sanders and Joe Biden are 78 and 77, respectively. Which raises a question: if elected, how likely are they to survive a 4-year term in office? There’s no perfect […]
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Time To Ban Kid-Friendly Flavors For E-Cigarettes
Published Jan 14, 2020Featured Image For Time To Ban Kid-Friendly Flavors For E-Cigarettes
Cinnamon. Buttered popcorn. Strawberry and banana. Yummy tastes and smells that have lingered in my TV room, after my teenage son and his friends finish vaping. E-cigarette companies like Juul are creating flavors designed to lure young customers, following a tradition established by their cigarette-manufacturing predecessors. For a while, the Trump administration appeared poised to […]
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Here’s How Tripling Prices Could Save You 40% On Your Medications
Published Jan 09, 2020Featured Image For Here’s How Tripling Prices Could Save You 40% On Your Medications
Medication prices in the US have gone from wild to insane; from expensive to outright unaffordable. But a tripling in prices could save us all a lot of money. Here’s how that would work. It’s a policy known as external reference pricing. The idea is simple. First, the US government would look at how much […]
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Show ‘Em the Money: Paying Patients to Shop for Affordable Medical Care
Published Dec 20, 2019Featured Image For Show ‘Em the Money: Paying Patients to Shop for Affordable Medical Care
After three months of physical therapy, her doctor told her that it was time to get an MRI. She had already paid off her annual deductible, meaning the imaging test would “only” cost her the $150 co-pay. An imaging center near where she worked charged $1500 for the test. Just two miles away, another facility […]
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