On the stump, many of the candidates are railing against skyrocketing drug costs. They promise at campaign rallies at the top of their lungs to “Bring down the cost of drugs.” This blog, however, claims that it’s not only about costly drugs. It’s the whole system that is rigged and has high costs baked into … Continue reading It’s Not Just About Costly Drugs – It’s Testing, Too
Healthcare is in the news a lot lately. Here are summaries of 3 recent articles along with my comments: 1. Health insurers use cash and gifts to sway which benefits employers choose Link: https://www.propublica.org/article/health-insurance-brokers-cost-commissions-bonuses Summary: Health insurance companies give out lucrative commissions and bonuses for influencing brokers who set up coverage plans. These incentives are not … Continue reading Healthcare Reform Is in the News
One of the most potent objections to government-backed universal healthcare is the problem of free riders. John Smith said in 1608, “he that will not work shall not eat.” Getting something for nothing offends the American sense of fairness. But is this the right way to think about healthcare? Let’s look at free-rider claims and … Continue reading Healthcare Reform: What About Free Riders?
Wages are up 3.2% for 2018, according the Bureau of Labor Statistics. So, why don’t we feel 3.2% richer? It’s because relentless healthcare cost increases are eating up one-quarter of our gains. Gross annual pay increased $1,507, but one-quarter of it was taken right out of our paychecks to pay our healthcare premiums. This … Continue reading Wages Are Up, But Whittled Down by Rising Healthcare Costs
Fixing U.S. Healthcare blog reached its one-year anniversary last month. That’s a good time to take stock. And it’s a good time to summarize this blog’s message - that U.S. healthcare spending far outpaces spending in other comparable OECD (Organization for Economic Cooperation & Development) countries, as shown in the masthead graphic, above, and needs to … Continue reading Fixing U.S. Healthcare Blog – One-Year Appraisal & Summary