Unbiased Analysis of Today's Healthcare Issues
The Healthcare Economist was once again named as one of the top 100 economics blogs by Intelligent Economist. In fact, this blog was list first in the “Sub-field Economic Blogs” category (clearly my sub-field is healthcare). Thanks to all my readers and to Intelligent Economist for the award.
One can expect health care spending in China to grow for two reasons in the coming years. First, with the economy growing, individuals and the government will have more money to spend on health care. Second, China is aging rapidly and older individuals require more health care services. Thus, it should come as no surprise…
Variation in health care cost. Sludge. CRISPR and cancer. Does use of nicotine gum or CBD oil affect your insurance rates? Can charter school success be replicated?
It appears that not only does your friend’s behavior affect your behavior, but your perception of their behavior–independent from their actual behavior–affects your behavior. Want a concrete example of this? A paper by Amialchuk et al. (2019) finds the following: Using a nationally representative dataset, we estimate the effect of misperception about friends’ alcohol, smoking,…
At first this seems like an easy question to answer: catastrophic health care costs mean lots of money. But how do you define a lot? A million dollars? Ten thousand dollars? A hundred dollars? One question is, should catastrophic be measured in absolute or relative terms. For instance, the a ten thousand dollar cost may…
My colleagues Jeroen Jansen, Devin Incerti along with Jeff Curtis think so. In JMCP they write: In the United States, there is an increased interest to understand the value of health technologies. Cost-effectiveness analysis is arguably the most appropriate framework to quantify value and to inform reimbursement decision making regarding medical interventions; however, a thorough…
Every year, the Congressional Budget Office projects how the federal budget will look over the coming decade. For the coming decade, the numbers look grim. Federal deficits in CBO’s baseline average $1.2 trillion per year and total $11.6 trillion over the 2020– 2029 period…Those deficits would average 4.4 percent of gross domestic product (GDP). Other…
Data, bias and AI in healthcare. Why are their drugs shortages in the US? Who’s to blame for high healthcare costs? Does social media cause or prevent violence? Time to end the hate.