It’s almost a running joke among Baby Boomers and Gen X that Generation Z and Millennials are slackers. Gen Z and younger Millennials are more likely to be underemployed, live with their parents or receive financial support from their parents than previous generations, at least according to some recent surveys. Now a new study found that 20-somethings are also more likely to suffer unemployment due to ill health than previous generations of young workers. Indeed, 20-somethings are more likely to be unemployed due to health issues than workers twice their age.
Category: Cost of Healthcare
Monday Links
- The United States pays more for hospital care than any other nation, despite using hospital services less frequently. Site neutral payment is one answer.
- Administrative spending makes up around 25 percent of the United States’ total health care costs, amounting to about $1 trillion every year Can AI reduce the cost?
- How safe are Covid-19 vaccines?
- Is oat milk good for you?
- How Covid can affect clinical trial results.
Saturday Links
- How anti-obesity drugs could make us wealthier: “An average female obese woman earns around 10 percent less than a normal-weight woman in the States. Just taking that, imagine we cut obesity levels in the US to Scandinavian levels going from 40 percent of the population to 20 percent of the population. Assuming that that then increases salaries for those who will get out of obesity by 10 percent. That translates more or less into a two percent increase in US GDP.”
- Can AI run Medicaid?
- To save Social Security: Instead of more taxes for the rich, cut their benefit payments.
- Key to a happy life: marriage matters more than career. This is the opposite of what most young people think. (NYT)
- Why is Medicare charging researchers large fees to access its data?
- Are clubhouses the solution to serious mental illness?
Nearly Half of Americans Know Someone Who Died of an Overdose
More than 100,000 Americans die every year from a drug overdose in the United States. In the 12-month period ended in September 2023, 111,380 Americans had died. As recently as 2015 the number of Americans overdosing was less than half of recent figures, although that’s no small number either. Overdose deaths had risen to about 70,000 just prior to the covid pandemic. Covid appears to be a catalyst that spurred more drug use, resulting in the number of deaths skyrocketing.