Unbiased Analysis of Today's Healthcare Issues
Economists have generally found that rich people are happier. People who are wealthy are likely to be happier than those who have trouble affording food, clothes, or shelter. What is driving this happiness differential? Is the additional happiness from additional wealth due to the fact that you can more easily fulfill basic needs, or is…
Should breast feeding be mandatory? Find out in the New Year’s Eve edition of the Cavalcade of Risk at the Colorado Health Insurance Insider.
In the Health Care Blog, Robert Laszewski suberbly analyzes Congressional Budget Office (CBO)’s two papers. His key points are that 1) there is no silver bullet and 2) “really controlling costs will be very hard and will require some courageous and politically problematic actions.” I would point out other highlights, but the post is so…
I am taking a break from blogging about health care and focusing on the health of the Green Bay Packers. For those appreciate the quantitative focus of this blog, do not dispair, there will be lots of numbers. Rodgers vs. Favre At the beginning of the NFL season, the Packers jettisoned their hall of fame…
Many pundits are calling for Barack Obama to fund massive infrastructure projects. UC-San Diego economist Jim Hamilton of believes that increased block grants to states will not only stimulate the economy, but also permit states the flexibility they need to spend these fund efficiently.
Let us say that you are a hospital administrator. You are very clever and have come up with a system to score the quality of the work done by the physicians at your hospital. To simplify things, lets assume that you only have 3 physicians who work at your hospital. The physician’s scores are as…
To stimulate the economy, expand government health insurance. To stimulate the economy, defeat government health insurance expansions.
In the U.S., 2.9% of individuals who enter a hospital are actually harmed by the medical care they receive. Reducing these preventable iatrogenic injuries is one of the goals of any hospital administrator. Paul Levy of Running a Hospital lists 3 goals to achieve in the new year which will help reduce these adverse events.…
“When goods do not cross borders, soldiers will.” Frédéric Bastiat
This blog has repeated reported on microfinance programs in the developing world which give loans to poor individuals. This model has been extended to work even in the U.S. Ways to Work provides loans to poor Americans, often to purchase or repair an automobile. After welfare reform acts in the 1990s, many states required individuals to…