Long-term care is expensive. By expensive, I mean break-the-bank expensive. As people begin to live longer, they don’t always live well longer. Medical science can keep people alive long after they are no longer able to function. The lack of affordable long-term care is a problem that has no easy solution.
Category: Cost of Healthcare
Thursday Links
- California charges taxpayers twice as much as Florida and delivers worse services.
- The true cost of charging an EV is equivalent to $17.33-per-gallon gasoline — but the EV owner pays less than 7% of that.
- Alvin Hanson: “world population will soon fall fast, and then unless we achieve full AGI or end aging by then, our total world economic capacity will also fall, with scale economies and innovation rates both falling roughly in proportion.”
- How to avoid high drug costs for patients: Let government buy the patents and put them in the public domain.
- Only 1 percent of Americans are both uninsured and lack A opportunity to enroll in subsidized coverage. This entire Health Affairs piece by Brian Blase is recommended.
The Case for Medicare Advantage
Medicare Advantage enrollees experience lower rates of hospital admission and lower rates of expensive and ineffective medical procedures in the last few months of life.
Wednesday Links
- Life expectancy for men in the U.S. falls to 73 years — six years less than for women.
- Noah Smith lauds Singapore but neglects to mention Medisave accounts.
- What discount rate should be used in evaluating changes in health policies?
- Should medical screenings be based on cost/benefit analysis or on the patient’s willingness to pay?
- A tribute to Vernon Smith – long time friend of the Goodman Institute.
- Does the case for a free society depend on the existence of free will?