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The Goodman Institute Health Blog

Category: Health Economics & Costs

Does Medicare Underpay Physicians? Yes, No and Sometimes

Posted on January 22, 2024 by Devon Herrick

There is a shortage of physicians in the United States. There is especially a shortage of primary care physicians willing to treat Medicare enrollees. People nearing the age of Medicare eligibility are often advised to begin searching for a primary care physician who accepts Medicare a year ahead of time.

Data published in 2020 by the Association of American Medical Colleges estimates that the U.S. could see a shortage of 54,100 to 139,000 physicians by 2033. That shortfall is expected to span both primary- and specialty-care fields.

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Monday Links

Posted on January 22, 2024January 22, 2024 by John C. Goodman
  • “The expected value of any net impact assessment of any large-scale social program is zero.” Recommended.
  • Most or all of health care spending by people with health insurance would occur even under an indemnity policy – allowing them to take cash instead of care.
  • Why don’t people buy their health insurance and their life insurance from the same firm?
  • 81 countries have fertility rates below the population replacement rate of 2.1 births per woman of child bearing age.
  • From 1975 to 2019, there was a 58% reduction in breast cancer mortality: 25% due to screening and 75% due to treatment.
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Saturday Links

Posted on January 20, 2024January 20, 2024 by John C. Goodman
  • Dr. Francis Collins (Fauci’s boss) changes his tune: Covid-19 may have come from a Chinese lab.
  • Just how much are the elites out of touch with the rest of America?
  • Eleven states plus Washington, D.C.  provide full health insurance coverage to more than 1 million low-income immigrants. regardless of their legal status.
  • A review of more than 120 academic papers on Certificate of Need (CON) laws found that 89% of results  were negative or neutral, and that negative effects were five times more common than positive effects.
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The Advantages (and Disadvantages) of Medicare Advantage

Posted on January 19, 2024 by Devon Herrick

Traditional Medicare has advantages and disadvantages. Traditional Medicare involves Part A (hospitalization) Part B (doctors and clinics), Part D (drugs). Parts B and D require additional premiums. Furthermore, traditional Medicare has unlimited cost sharing, that runs 20% of the total cost. Most enrollees in traditional Medicare opt to buy a separate supplemental insurance policy to cover their cost sharing.

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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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