Unbiased Analysis of Today's Healthcare Issues
Medicaid currently covers 55 million poor and disabled Americans; these 55 million individuals have much change to look forward to. In February of this year, the President signed the Deficit Reduction Act (DRA)of 2005. According the Kaiser Family Foundation, the act will reduce federal spending on Medicaid by $39 billion between 2006 and 2010, while giving states…
The Healthcare Economist realizes that he is not the only game in town and in this post I would like to call attention to the opinions some other blogs who have discussed issues about which I have written. On Sunday I wrote a post regarding end-of-life treatment for cancer patients and the correct amount of…
“People generally don’t have a clue about what the health care they are consuming costs,” Michael O. Leavitt, the Secretary of Health and Human Services told reporters in a WebMD article (“Gov’t releases hospital prices“). With a new initiative in hand, Mr. Leavitt hopes that consumer ignorance will soon dissipate. Yesterday, officials at the Centers…
Reports of the increased obesity in the United States and its adverse effects on health outcomes are common. The AARP finds that 3 out of 10 American adults are obese (“Obesity in OECD countries“). MedPage Today reports that poor teenagers are more likely to be overweight than their non-poor peers (“…Teens from poorer families are…
The UK Medicines and Healthcare products Regulatory Agency (MHRA) has released a scathing report criticizing the medical procedures Parexel used in testing the TGN1412 drug. In-Pharma Technologist.com (“Parexcel back in hot water…“) reports that six individuals suffered severe side effects such as organ failure swelling of body parts due to poor administration of the trials…
In February, this year, I wrote of the seemingly outlandish compensation William W. McGuire, the CEO of UnitedHealth Group, received in 2005. Of his $124.8 million of compensation, $114.6 million was in the form of stock options. It now seems that this compensation might not have been entirely kosher. Yesterday, the New York Times (“US…
In India, low-caste and minority individuals often have difficultly ascending the social ladder. Discrimination against the low-caste individuals has been extensively documented. In order aid these disadvantaged groups, the Indian government has increased the quota for low-caste and minority physicians at state-run hospitals. The International Herald Tribune (“Doctor’s Strike…“) reports that “22.5 percent of jobs…
Can consumer-driven health care (CDHC) really work? According to the New York Times, many entrepreneurs believe it can. In “Attention Shoppers,” the newspaper details how Wal-Mart, CVS and other chain stores are opening walk-in health clinics. The clinics are staffed by Nurse Practitioners and operated independently of the chain store. The benefits of the walk-in…
The Independent of the UK reports (“Childbirth revolution“) that the British government is “planning a ‘strategic shift’ in childbirth policy away from hospital delivery and towards births in the home.” Instead of having doctors supervise the birth, midwives will deliver the child. On one hand, I commend the British government for this policy change. The…
I want to wish a Happy Mother’s Day to all the mothers of the world. In particular, I would like to thank Bonnie Shafrin and Lillian Paley for all the love they have given me over the years.