More than three-quarters of seniors claim they want to age in place, living out the remainder of their life in their own home. This includes when they become too infirm to clean, bathe, cook and maintain their property. Running a household when you cannot do chores yourself can get expensive. Some houses do not lend themselves to senior living.
Category: Health Economics & Costs
Wednesday Links
- “If you like your doctor, you can keep your doctor.” Here is what that means today if you are covered by Centene, the largest provider of Obamacare insurance in the country.
- Why the British economy is stagnating: “It is difficult to build almost anything, anywhere.”
- Most anti-smoking drugs don’t work and the drug companies aren’t anxious to develop new ones. Overly strict FDA regulations are partly to blame. (STAT News)
- New York’s Covid tsar spent the pandemic preaching social distancing while attending raves and sex parties.
- “Healthcare is a centrally controlled market. It is both a monopoly—sole control of supply—and a monopsony—single determinant of demand.”
Price Competition in the Drug Market
Years ago, I wrote about two very costly prescription drugs, both made from cheap, over the counter ingredients for The Health Care Blog. I also wrote a 2-page brief analysis explaining how to make your own version for a 99% discount. At the time, around 2015, a daily dose of Vimovo (Aleve and Nexium) or Duexis (ibuprofen and Pepcid) cost around $100, or about $3,000 a month.
Tuesday Links
- The AMA says obesity is a disease. But the medical community has never provided a precise definition for obesity as a disease.
- The US does not have mini recessions. (Recommended)
- The per enrollee cost of Medicaid is higher than the average cost in employer plans in almost 20 states, sometimes by a considerable margin.
- Education fail: Not a single child tested proficient in math in 67 Illinois schools. For reading, it’s 32 schools. So, what have the Illinois legislature and Governor JB Pritzker done about it? They shut down the Illinois Invest in Kids Scholarship program that allowed kids to attend private schools.
- Cato: Lessons from covid.