Health Wonk Review: Short and Sweet Edition

If you want the best health care articles on the web, then you came to the right place. This week the Healthcare Economist is hosting the world-renowned Health Wonk Review. I’ve divided the articles into 6 categories: health insurance, mental health, pharmaceuticals, physician pay, regulation, and value measurement.  No fancy themes, just high-quality content. Without further ado,…

Useful mental models

Gabriel Weinberg, CEO of DuckDuckGo, has a list of mental models that he believes “come up repeatedly in day-to-day decision making, problem solving, and truth seeking.”   Many are from the world of economics, but I focus on non-economic models as well.  I organzie them into categories based on how Weinberg did in his post. I have…

The coming U.S. debt crisis

The Congressional Budget Office provides some gloomy news on the fiscal health of the federal government in their recent 2016 Long Term Budget Outlook.  They state: If current laws governing taxes and spending did not change, the United States would face steadily increasing federal budget deficits and debt over the next 30 years, according to projections…

VBID comes to Medicare Advantage

CMS announced last week that they are extending their value-based insurance design (VBID) program to more states and more patients.  I describe VBID and the proposed changes below. What is VBID? Value-Based Insurance Design (VBID) generally refers to health insurers’ efforts to structure enrollee cost sharing and other health plan design elements to encourage enrollees…

Friday Links

Google partners with GSK to form biotech firm. You are 6x more likely to be killed by the police in the US than in Canada. ICER myths? One area without racial disparities? 2 million Medicare beneficiaries are homebound.  How will they get the medical care they need?

ACOs and VBP

Accountable Care Organizations aim to link providers through the supply chain (i.e., hospitals, physicians, post-acute care facilities) to incentivize providers to improve quality and reduce costs.  In addition to its ACO program (the Medicare Shared Savings Program), the Centers for Medicare and Medicaid Services (CMS) have implemented a number of value-based payment programs, including the…