- A benefit of wildfires: they make temperatures unseasonably cool.
- Study: CMS delay in approving treatments for Alzheimer’s disease impose a social cost ranging from $13.1 billion to $545.6 billion. Part of these losses stems from increased private and public healthcare spending ranging from $6.8 billion to $284.5 billion.
- Hospital finances: profits and cash reserves are up; charity care is not.
- Another SS horror story: Social Security demands return of $6,000 from an 81-year-old widow for mistaken payment 45 years ago.
Category: Cost of Healthcare
Biden’s Cancer Moonshot Cancelled
What if we could detect almost all cancers in the earliest stages when less-invasive treatments mean lifesaving cures? The answer: Mortality rates — and health care costs — would plummet because most cancers could be cured or controlled using existing therapies.
The good news is this innovation exists today in the form of multi-cancer early detection (MCED) from one blood test. The bad news is we don’t have an Eisenhower administration determined to deliver a medical game-changer to as many Americans as possible.
Instead, we have a Biden administration — in the form of the Federal Trade Commission and Chair Lina Khan that Biden named to head it — standing in the way and creating an impenetrable barrier to access to millions of cancer patients.
Friday Links
- Could redistribution of income make people healthier? Evidence that the answer is “yes.”
- 330 COVID-19 articles in science journals have been retracted.
- NYC to help patients compare hospital costs. (NYT)
- More from Graboyes on sterilization.
- Steve Moore to Congress: ESG is harmful to retirees.
- Merck sues over IRA drug price negotiation: It’s an unconstitutional “taking” and it also “compels speech.”
Do Cash Payments Lower Death Rates? (The Left Says “Yes” but They’re Probably Wrong)
A popular idea among progressives on the left is a universal basic income (UBI). Supposedly, UBI is magic. It involves giving cash transfers to everyone without strings attached. According to scholars at the University of North Carolina Chapel Hill:
The goals really differ, depending on the policymaker but also on who’s proposing it. I think for a lot of folks on the left, they see it as more a platform to build your life on. So it’s going to be there for you when you when you need it.