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Physician access limitations to those with cold or flu in Spain.  Big investments in AlphaFold’s AI.  Vaccination tipping point? New CMS legislation on prior authorization. Republican candidates on health care.

Risk aversion estimates for GRACE

Generalized risk-adjusted cost effectiveness (GRACE) aims to incorporate risk preferences into standard cost effectiveness analysis (CEA) methods. While traditional CEA assumes individuals are risk neutral, GRACE allows for risk preferences to influence value. Namely, that health gains in more severely ill health states are valued more than equivalent health gains in better health states. But…

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Workers Comp total drug spend: $2.9 billion. Will AI increase or decrease firm size? Complex systems models for public health. For-profit hospice saves money. RCT: AI vs. human in and cardiac function assessment.

Societal value of disease modifying therapy for Alzheimer’s disease

Most health technology assessment (HTA) bodies measure treatment value as benefits from reduced patient morbidity and mortality and weigh these health gains against incremental changes in treatment cost. The limitation of this approach, however, is that it may ignore broader societal value. For instance, if patients have improved functional status, caregiver time and cost burden…

Book Review: The Right Price

The book The Right Price: A Value-Based Prescription for Drug Costs is a fantastic book for individuals interested in understanding why value-based drug pricing makes sense. It is a bit more technical and more detailed than the average health policy book, but there are few formulas or detailed methodological explanations. Rather, the book provides a…

Cato supports public option?

A white paper from Cannon and Pohida (2021) calls for applying “public option principles” to Medicare. Who would have thought that the Cato Institute would call for a public option? Well in fact, the do not really call for a public option. The proposal should be called introducing a voucher system into Medicare. Under the…