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Category: Cost of Healthcare

Thursday Links

Posted on July 18, 2024July 18, 2024 by John C. Goodman
  • Since 2001, Medicare physician payments have fallen 30 percent behind the rate of inflation.
  • The rising cost of Obamacare: CBO: subsidies will cost $1.3 trillion over the next decade and Medicaid expansion will cost another $1.4 trillion. (WSJ)
  • Claim: Group purchasing organizations (GPOs) are partly responsible for drug shortages. (Speculative)
  • Medicare Part D enrollees:  expect more restrictive formularies and utilization controls. Plans “may steer Medicare beneficiaries to use drugs that have to be administered by a doctor rather than pills that can be picked up at a pharmacy.”
  • Three weaknesses with hospital “all payer” systems: (1) self-insured employers (most large companies) are exempt, (2) Medicare Advantage plans are exempt and (3) hospital participation must be voluntary.
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Wednesday Links

Posted on July 17, 2024July 17, 2024 by John C. Goodman
  • Against the American Cancer Society.
  • What to know about LDL cholesterol.
  • A carpenter ant can amputate the injured leg of a fellow ant. (NYT)
  • At the end of your life a family member (medical surrogate) is more likely to override your preference for life extending care if you have dementia.
  • The Biden-Harris administration has added regulatory costs of more than $40,000 per household. Among the items that are more expensive: microwave ovens, conventional ovens, refrigerators, freezers, washing machines, dishwashers, clothes dryers, water heaters, air conditioners, ceiling fans, furnaces, boilers, heat pumps, lamps and light bulbs.
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Are Medicaid Work Requirements a Success or a Failure? It Depends

Posted on July 17, 2024 by Devon Herrick

Many Red States have proposed to add work requirements to Medicaid eligibility. The Georgia Medicaid program is currently the only state in the nation to have a work requirement as a condition of eligibility, but other states have expressed an interest.

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Tuesday Links

Posted on July 16, 2024July 16, 2024 by John C. Goodman
  • The Surgeon General is wrong: Social media is not like tobacco.
  • These are tough times for the Columbian village whose only product is cocaine. (NYT)
  • More on organ aging.
  • Have you ever wondered where Congress got the constitutional power to make smoking marijuana illegal?
  • “There is no such thing as a profitable public digital health company in the mainstream of care delivery or even insurance–unless of course you count Optum. Which means there’s almost certainly no profitable VC-backed private company either.”
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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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