Tag: health insurance
EpiPen: A Case Study in Health Insurance Failure

I recently wrote a post describing EpiPen as a “Case Study in Government Harm,” describing how the government had made it possible for the manufacturer to increase prices of the life-saving drug multiple times without fear of retaliation. It is also a case study in how health insurance distorts our choices and increases their...
Read More »

Telehealth Opportunity versus Telehealth “Parity”

A great opportunity to reduce costs and improve quality in U.S. health care is telehealth, which uses information technology to eliminate distance between a patient and a medical provider. A subset of telehealth is telemedicine, which allows physicians to consult patients over the phone, by text, or by video. Take a couple of obvious...
Read More »

Obamacare Authorities Actually Think Health Costs Fell

The Centers for Medicare & Medicaid Services (CMS) has just made the remarkable claim that medical costs paid by health insurers operating in Obamacare’s exchanges declined in 2015 from 2014: Per-enrollee costs in the ACA individual market were essentially unchanged between 2014 and 2015. Specifically, after making comparability adjustments described below, per-member-per month (PMPM)...
Read More »

Medicare Changes Have Reduced Hospital Readmissions, but More Reforms Are Needed

In 2012, Medicare began to penalize hospitals that readmitted too many patients. For a small number of targeted conditions, the program compares actual readmissions within 30 days to what an acceptable readmission rate should be. This measure is an important part of the drive to “pay for value, not volume.” The problem it was...
Read More »

Hospitals and Insurers Are Dropping the Ball

An advocate of consumer-driven health care, who makes the case that individuals should control most of our health spending directly, will not get very far before hearing the rebuttal: “When you have a heart attack or get hit by a bus, you won’t be in any condition to negotiate which hospital you go to.”...
Read More »

The Business Case for Health Insurance Is Weakening

Boeing, the giant aerospace concern, has been cutting out the middle-man for health benefits: In another sign of growing frustration with rising health costs, aerospace giant Boeing Co. has agreed to contract directly for employee benefits with a major health system in Southern California, bypassing the conventional insurance model. The move, announced Tuesday, marks...
Read More »

More Evidence Against Health Insurance

David Lazarus of the Los Angeles Times, whose columns on health policy tilt heavily towards single-payer advocacy, has done a great service to the cause of consumer-driven health care: In a recent piece he describes how much more sense it makes to pay cash prices for health services than to pay what your health...
Read More »

Workers Increasingly Prefer Pay More Than “Benefits”

The Employee Benefits Research Institute (EBRI), a research organization with a mission “to contribute to, to encourage, and to enhance the development of sound employee benefit programs and sound public policy through objective research and education,” includes members as diverse as AARP, Aetna, Boeing, Charles Schwab, and Wal-Mart. In the benefits world, it sits...
Read More »

Is Consumer-Directed Health Care Going the Wrong Way?

Gary Claxton and colleagues, of the Kaiser Family Foundation, have written a concise analysis of the evolution in health payments from 2004 through 2015: From 2004 to 2014, the average payments by enrollees towards deductibles rose 256% from $99 to $353, and the average payments towards coinsurance rose 107%, from $117 to $242, while...
Read More »

Health Status Is Associated with Income, Not Health Insurance

An extremely thorough analysis of changes in incomes and mortality in the United States, 2001 through 2014, presents sobering findings for those who think fixing our health system will make us healthier. The study, let by Raj Chetty of Stanford University, ran data on incomes and mortality through a battery of statistical tools. It...
Read More »

  • Catalyst
  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org