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The Goodman Institute Health Blog

Category: Policy & Legislation

Annual Exams are Often a Complete Waste of Time and Money

Posted on February 20, 2024 by Devon Herrick

There has long been a belief that preventive medical services save money. The theory holds that if Americans’ primary care physicians ordered more preventive medical screening services we would not only be healthier but the cost of the preventive care would be more than offset by the savings from more serious care avoided. In other words, the cost of a colonoscopy would be offset by not getting colon cancer. The only problem with the theory is that it is wrong.

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Saturday Links

Posted on February 17, 2024February 17, 2024 by John C. Goodman
  • The top 1% now pay almost half of all federal income taxes – the highest in history.
  • Why isn’t UV light everywhere?
  • Bad news on alcohol: binge drinking affects microbe in your gut and makes you crave alcohol even more.
  • More bad news on drinking and the microbiome. (NYT: gated)
  • Trump tax cuts: the rich are now paying more than ever.
  • Can recessions be good for our health?
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Friday Links

Posted on February 16, 2024February 15, 2024 by John C. Goodman
  • Over half the new jobs in January’s report are in government or health care.
  • Smoking is worse than you’ve been told. Long lasting effects after you quit.
  • What happens when doctors become hospital employees? Medicare patients’ use of non-hospital sources for chemotherapy declined by 14% from 2015 to 2021, and chemotherapy performed in hospitals increased by 21%. More than half of Medicare chemotherapy patients now receive their treatments in hospitals, where the prices are higher.
  • How health insurance eats into wages. Premiums for a family made up about 8% of employees’ compensation in 1988. If they stayed at that level for the next 32 years, a typical family would have earned an additional $8,774 in 2019. The cumulative value of lost earnings tops $125,000.
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Thursday Links

Posted on February 15, 2024February 15, 2024 by John C. Goodman
  • About one third of older adults reported being socially isolated in 2023, while nearly 40% reported a lack of companionship.
  • Pfizer spent $14 million on its “Here’s to Science” commercial during the Super Bowl. Was it worth it?
  • The Biden administration pressured Amazon to delist or downgrade books that disagreed with the White House. 
  • Heartland/Rasmussen survey in December revealed that roughly one in five mail-in voters admitted to potentially fraudulent actions in the presidential election.
  • Kaiser to Oakland workers: Because of crime threat, stay inside for work and lunch.
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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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