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…

Health care in Peru

Located in South America, Peru is almost twice the size of Texas and has 31 million people.  About one third of these live along the coast, largely in Lima.  About half of the population–largely Amerinidan population–live in the Andean highlands, with the rest spread on the eastern slopes of the Andes and the adjoining rainforest. …

Cancer survival around the world

An interesting study measuring trends in cancer survival between 2000 and 2014 found, unsurprisingly, that patients in more developed countries had better survival. For women diagnosed with breast cancer between 2010 and 2014, 5-year survival rates reached 89.5% in Australia and 90.2% in the United States, but generally varied worldwide and remained low in some…

Does preventive care save money?

Aaron Carroll argues ‘no’ and–in most but not all cases–I agree with him.  Here is the evidence he cites: More health insurance does not reduce emergency department (ED) visits.  States that expanded Medicaid eligibility with ACA funding saw an increase in ED visits relative to non-expansion states.  In Oregon, individuals who won an eligibility ‘lottery’ to…

U.S. Healthcare Spending

The CMS Office of the Actuary released their 2016 estimates for U.S. health care spending.  We’re getting close to health care taking up 18% of the economy. Total nominal US health care spending increased 4.3 percent and reached $3.3 trillion in 2016. Per capita spending on health care increased by $354, reaching $10,348. The share of gross…