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The Goodman Institute Health Blog

Category: Cost of Healthcare

Thursday Links

Posted on November 23, 2023November 23, 2023 by John C. Goodman
  • The Pilgrims’ real Thanksgiving lesson
  • Was the original Thanksgiving a celebration of the massacre of Indians? No. That’s woke propaganda.
  • How to get 8 countries  to cooperate on cancer drug research: Start the project before telling any of the regulators.
  • Bidenflation: Employer health insurance costs are up 7%; Obamacare exchange plans are up 6%.
  • Why are those who supported the Covid lockdowns trying to suppress research showing that the lockdowns didn’t work?
  • CDC: Last year’s flu shot was less than 50 percent effective for children and adolescents.
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Tuesday Links

Posted on November 21, 2023November 20, 2023 by John C. Goodman
  • Is there anything wrong with using AI apps to decide on pre authorization denials for patients?
  • Space has a garbage problem:  There are 34,260 objects tracked in orbit, and just 25% of them are working satellites.
  • Spending on the elderly is baked in – seniors get their benefits no matter what Congress does. But most programs for children require reauthorization – and spending gets stalled by the congressional stop gap funding process.
  • A California hospital billed $10.2 billion in gross charges in the last quarter. But 86% of this amount disappeared after discounts to the payers were applied.
  • A libertarian is elected president in Argentina. John Fund: “A century ago Argentina was one of the six wealthiest countries in the world. Now it ranks 66th, below Mexico and just above Russia.”
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What Is a Drug? Philosopher Struggles but the FDA Has its Own Definition

Posted on November 20, 2023 by Devon Herrick

Drugs are the most efficient of all medical therapies, representing only about 8.8% of national health expenditures. By contrast, at $864.6 billion in 2021, Americans spent more than twice as much on physician care and 3.5 times as much on hospital care. Over-the-counter (OTC) drugs are especially economical, most of which were once prescription drugs. OTC drugs represent between 1% and 2% of medical spending.

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Monday Links

Posted on November 20, 2023November 20, 2023 by John C. Goodman
  • How do PBMs make their money?
  • After a woman dies of cancer she posthumously offers to buy up the medical debts of other patients.
  • Scientists edit genes to control cholesterol.
  • Gene editing can also prevent sickle cell, but Medicaid won’t pay for it. The Biden administration is partly to blame. (WSJ)
  • Patients wait 13 hours for free health care.
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For many years, our health care blog was the only free enterprise health policy blog on the internet. Then, when the NCPA closed its doors, the health blog stopped as well.

During this five-year hiatus no one else has come forward to claim the space. So, my colleagues and I have decided to restart the blog in connection with the Goodman Institute. We invite you and others to use this forum to share your views.

John C. Goodman,

Visit www.goodmaninstitute.org

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