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Category: Health Economics & Costs

Thursday Links – 14 December 2023

Posted on December 14, 2023 by John C. Goodman
  • There are more living cells on Earth — a million trillion trillion, or 10^30 in math notation, a 1 followed by 30 zeros — than there are stars in the universe or grains of sand on our planet.
  • Elisabeth Warren’s solution to the generic drug shortage problem: let nonprofit companies produce them.
  • Employers are hiring virtual providers as weight-loss drug gatekeepers.
  • What is mifepristone? It is used in more than half of all US abortions.
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Wednesday Links

Posted on December 13, 2023December 13, 2023 by John C. Goodman
  • Lilly’s weight loss drug: if you stop taking it you will regain half the weight you have lost.
  • Trump’s environmental record was surprisingly good.
  • A typical couple reaching age 65 and retiring in 2020 has paid $680,000 in lifetime taxes. They can expect lifetime benefits of about $1.24 million. Most retiree couples are “Social Security millionaires,” regardless of other income and assets.
  • One in four animals raised for food are never eaten.
  • There are over 73,000 contract pharmacies that qualify for 340B discounts. Is anybody paying list price for these drugs?
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More Physicians Want to Work in Medical Business, Not Medical Practice

Posted on December 12, 2023December 13, 2023 by Devon Herrick

A recent survey found that more than half of both medical students and nurses in training prefer not to work in patient care. In the United States 63% of medical students and 60% of nursing students report hoping to work in non-clinical areas of medicine, such as public health management, research or business consultancy.

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Monday Links

Posted on December 11, 2023December 11, 2023 by John C. Goodman
  • During the pandemic, government payments for social benefits rose by $1.5 trillion, or 47%, between 2019 and 2021. At the same time, the official poverty rate rose to 11.6% from 10.5%.
  • Using a consistent measure of poverty, AEI researchers find that only 1.6% of the population lives in poverty,  well below the official poverty rate of 10.5%.
  • The case for a value added tax.
  • Likely scenarios if the government seizes drug company patents: They’re all bad.
  • New technology can identify genetic defects before Invitro Fertilization begins.
  • “Canadian woman is diagnosed with cancer, told she has 2 years to live at most, that she is not a candidate for surgery but would she like medical help committing suicide? She declines, comes to the United States, spends a lot of money, and is treated within weeks.”
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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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