- Alex Tabarrok reviews The Big Fail. Best sentence: “Anti-lockdown was probably the dominant expert opinion prior to COVID.”
- Biden invokes the Defense Production Act to stem drug shortages. This is a Cold War-era law that lets the government require private companies to make materials deemed necessary for national defense.
- Jason Furman on the 2017 Trump tax reform bill: It showed “taxes actually do matter,” adding that it provided “the most convincing estimates of the response of investment to corporate tax changes that I have ever seen.”
- Imagine getting medical-test results within minutes or seconds, before you leave the doctor’s office. That’s more likely for your dog than it is for you. (WSJ)
- Why cold symptoms are worse at night. (NYT)
Category: Cost of Healthcare
Wednesday Links
- Kaiser: the average annual premium for employer-sponsored family health insurance coverage was $23,968 in 2023.
- Study: Fentanyl “accounts for 90% of all opioid deaths… We show that a substantial amount of fentanyl smuggling occurs via legal trade flows.”
- In 2021, the U.S. spent $1,432 per capita on pharmaceuticals compared to only $517 in the UK. One reason: the value of a statistical life in the UK is pegged at £20,000 – £30,000, compared to $100,000 – $150,000 in the US.
- Headline I wish hadn’t seen: New York City will pay homeowners up to $395,00 to build an extra dwelling in their garage or basement to help ease the housing shortage.
- Gene Steuerle’s NYT piece on how much seniors get from the government’s elderly entitlement programs is no longer behind a paywall. Fascinating graphs.
Four Year Wait to See a Dermatologist in the UK’s National Health Service
The dermatologist examined my skin and he wrote me a prescription for a steroid cream. My entire visit was only $86. I scheduled minor surgery for a month later, which cost around $560 including a pathology report and a free, post surgery follow-up visit. My dermatologist gives uninsured patients a cash discount similar to the Medicare price. He also throws in free services, like writing a prescription for eczema since I was already in his office.
Contrast my experience seeing a Dallas dermatologist with patients from the United Kingdom. In the UK there is very little cost-sharing or out-of-pocket payments for services covered by the National Health Service (NHS).
Tuesday Links
- Why do hospitalizations increase in the last quarter of the year?
- Scientists use AI to find an antibiotic for a multidrug-resistant bacteria.
- Scientists have managed to preserve rat kidneys for 100 days. Apparently, that’s good news for humans.
- For medical student education, is a virtual cadaver as good (or better) than a real one?
- Are crisis pregnancy centers deceiving pregnant mothers?