Economics of mental health

Pharmafile has an interesting article on the “Economics of Mental Health”.  The article has a number of interesting statistics: The cost: “Mental health issues have been estimated to cost the world economy $2.5 trillion each year. To put that into perspective, the United Kingdom’s gross domestic product (GDP) was $2.6 trillion in 2017.” Costs extend…

CHIP take-up is high among children

Federal funding for the Children’s Health Insurance Program (CHIP) ended in September 2017.  This caused a stir as many parent’s relied on CHIP for their children’s health insurance.  In January 2018, however, the federal government’s passed a six-year CHIP funding extension and resolved to continue to fund this program. The headlines at the time showed pictures of…

Are things getting worse?

Clearly the answer will vary by individual, family and country.  Overall, however, the answer is no.  In fact, things are getting much better if we look back over the last 100 or 200 years.  This is the argument of economist Max Roser: As Dr. Roser concludes, despite dramatic gains over he last 200 years, there is…

Obamacare premiums rose 32% in 2018

Between 2017 and 2018, premiums Obamacare health insurance plans plans rose by 32%.  To be more specific, the Urban Institute reports that: The national average increase was 32.0 percent for the lowest-priced silver plans and 19.1 percent for gold plans, but the increases varied by states…State changes in average lowest-priced silver premiums ranged from a 22.5…

Early Alzheimer’s Diagnosis could save U.S. $7.9 billion

That is the conclusion from a Bloomberg article highlighting some research done by some of my colleagues at Precision Health Economics in conjunction with the Alzheimer’s Association.  An excerpt is below. The Alzheimer’s Association commissioned researchers at Precision Health Economics to study the potential savings of obtaining an earlier diagnosis. It used data from the Health…