Medicare Advantage is taking over

Via the Kaiser Family Foundation: In 2023, more than half (51%) of eligible Medicare beneficiaries – 30.8 million people out of 60.0 million Medicare beneficiaries with both Medicare Parts A and B – are enrolled in Medicare Advantage plans. Medicare Advantage enrollment as a share of the eligible Medicare population has jumped from 19% in…

Trial-Based Economic Evaluations in R

A recent paper by Ben et al. (2023) provides an R tutorial for implementing economic evaluations–often cost effectiveness analyses–using data from clinical trials and analyzed using R. The article starts by providing a summaries of key issues researchers face when conducting these economic evaluations: Missing values. Missing data are common in clinical trials either due…

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Chemotherapy shortages…and a solution? FTI Healthcare Q3 in review. Walgreens dives into telehealth. Who profits most from America’s baffling health-care system? Showtime!

Copulas explained

Let’s say you want to measure the relationship between multiple variables. One of the easiest ways to do this is with a linear regression (e.g., ordinary least squares). However, this methodology assumes that the relationship between all variables is linear. One could also use generalized linear models (GLM) in which variables are transformed, but again…

How does changing capitation share impact service provision in mixed reimbursement environments?

There has been much research showing that fee-for-service (FFS) leads to increased provision of medical services and capitation leads to decreased provision of medical services. My own research shows that there are system-wide effects and that the impact of capitation for primary care physicians on services may depend on whether specialists are also reimbursed via…

Claudia Goldin wins Nobel Prize in Economics

Yesterday it was announced that Claudia Goldin won the 2023 Nobel Prize in Economics (formerly the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel). She is the 3rd woman to have won the economics Nobel. The Nobel press release summarizes her research as follows: Women are vastly underrepresented in the global labour…

How does caregiving impact employment and earnings?

This is the question that a recent NBER working paper by Nicole Maestas, Matt Messel, and Yulya Truskinovsky (2023) aim to answer. The authors use data from the Survey of Income and Program Participation (SIPP) among individual report providing unpaid care to family and friend. The SIPP data are then linked to earnings data from…