2022 Nobel Prize in Economics Goes to…

Ben Bernanke, Douglas Diamond and Philip Dybvig. The award was given for the laureates role in improving our understanding of the role of banks in the economy, particularly during financial crises. The Nobel website summarizes their contribution as follows: For the economy to function, savings must be channelled to investments. However, there is a conflict…

Links

Republicans abandon Obamacare repeal? “…children with Medicaid coverage in Oregon will be able to keep their coverage until the age of 6” 2023 AEA Officers. Physician burnout. Should we move on from readmissions reduction measure?

Lecture on Health Care Economics at USC

Thank you to Dr. Daniel Tomaszewski and the University of Southern California’s Health Care Decision Analysis (HCDA) program for brining me in as a guest speaker this weekend. I truly enjoyed my time with the students. As they posted on LinkedIn: Thanks to guest speaker Jason Shafrin of FTI Consulting, for joining us in the Health Economics…

How much do orphan drugs cost?

The answer is provided in a recent white paper by Pearson, Schapiro and Pearson (2022). They use IQVIA data through 2020 across 389 drugs treating 1.8 million individuals. The study finds that while 5% of drugs with an orphan indication cost more than $500,000 per year, these drugs make up only 0.08% of all patients…