Unbiased Analysis of Today's Healthcare Issues
According to the U.S. Census: Both the percentage and number of people without health insurance decreased in 2007. The percentage without health insurance was 15.3 percent in 2007, down from 15.8 percent in 2006, and the number of uninsured was 45.7 million, down from 47.0 million. The percentage of people covered by private health insurance…
NPR’s Morning Edition reports on what happened when health economist Philip Musgrove brought a dying man to an emergency room. The receptionist with whom Dr. Musgrove interacted would not treat a the man until his health insurance information was collected.
In the July/August 2008 edition of Health Affairs, health economist Mark Pauly discuss his opinions with respect to the evolution of health insurance in India and China. He notes that in both countries, rising incomes has lead to increased demand for medical care, especially in urban areas. Despite the increased demand for medical care, there…
Economists often state that uninsured individuals do not “want” health insurance. Joe Paduda claims that this is not the case; most uninsured do want health insurance. Mr. Paduda cites a Washington Post, Kaiser Family Foundation and Harvard University survey which shows that “when asked why they don’t participate in their employer’s program, 1% of survey…
Barack Obama and John McCain both believe that they know how to improve the American health care system. A policy brief by Michael Tanner has nice summary of the two candidates policies. I will review some of this paper today. Obama’s general health care policy Obama goal is to expand government provided health care and…
The Boston Globe reports that some of Massachusetts largest insurers are beginning to cover medical visits made at retail clinics at CVS and Walgreens drug stores. Blue Cross/Blue Shield of Minnesota is waiving copays for visits to retail clinics. The American Association of Family Physicians (AAFP) is not happy about this. Carpe Diem says the…
Recently, health insurers have been more likely to offer a tiered copayment structure to enrollees. Patients face low co-payments for generic drugs, higher copayments for “preferred” name-brand drugs, and the highest for name-brand drugs on a “nonpreferred” list. Consumer driven health plans (CDHPs) however offer a simpler payment system. The consumer generally places funds into…
Most people do not know the answer to this question. Of course, individuals like plans with lower health insurance premiums, but patient deductibles, copayment and coinsurance rates also will determine how much the consumer will end up paying for a given insurance plan. Even if costs are similar across insurance plans, benefits packages may not…
At least this is what David Williams of the Health Business Blog has experienced in paying for his firm’s Blue Cross/Blue Shield plan. “This year’s increase is 13.3 percent, on top of last year’s 26.3 percent increase and an 11 percent increase the year before. Thanks to the magic of compounding it means the premium…
There is an interesting article a few weeks back in the Wall Street Journal (“Opting Out“) which describes the plight of Amish and Old Order Mennonites who refuse to buy health insurance. Further, since these groups also refuse to participate in Medicaid government assistance will not bail them out either. Nevertheless, these societies do have…