Will CVS buy Aetna for $66 billion?

CVS is in talks to buy Aetna for $66 billion.  This would be a merger between one of the largest pharmacy benefits managers (PBM) in the country and the third largest insurer. A successful deal could push millions of Aetna’s members toward CVS’s retail pharmacies, walk-in Minute Clinics, and services such as home visits for…

How much is your life worth?

According to the Environmental Protection Agency, the answer is $10 million.  Other agencies place use a somewhat lower number.  The Food and Drug administration pegs the value at $9.5 million and the Department of Agriculture places the value at $8.9 million. Technically, what these agencies are calculating are the value of a statistical life (VSL). …

HWR is up

Hank Stern of InsureBlog hosts this week’s “Pink edition” Health Wonk Review. Check it out. Also of note this week is that Richard Thaler has the 2017 Nobel prize in economics.  For more on Dr. Thaler’s work, check out the Nobel Prize website.

Genius

The 2017 MacArthur “Genius” Fellows were awarded this week.  One fellow of particular interest to this blog is mathematician and statistician Emmanuel Candès.  The Stanford University professor uses complex mathematical structures to improve the health care system.  As stated on the MacArthur website: Using an approach that draws on concepts from linear algebra and L1 minimization…