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The Goodman Institute Health Blog

Category: Health Economics & Costs

Thursday Links

Posted on January 18, 2024January 18, 2024 by John C. Goodman
  • Yglesias: Is it time to get rid of teacher licensing requirements?
  • Ultraviolet light may be the cheapest and most effective preventive medicine there is.
  • With a New York City “get-out-of-jail” free card, you can speed and run red lights with impunity.
  • A Chief Patient Officer represents patients in bureaucratic institutions. A Chief Contrarian asks hard questions that otherwise wouldn’t be asked in organizations that are on auto-pilot. Neither would be needed if we had a free market for health care.
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Wednesday Links

Posted on January 17, 2024January 17, 2024 by John C. Goodman
  • A bipartisan congressional tax deal sounds very good to us.
  • “Having a best friend with a reported serious injury in the previous year increases the probability of own opioid misuse by around 7 percentage points in a population where 17 percent ever misuses opioids.”
  • Between 2000 and 2020, Black individuals consistently experienced higher cancer mortality than White individuals for all cancers except female lung and bronchus.
  • “Over time, most Latin American countries can expect shrinking populations,” causing lots of economic problems.  Recommended
  • Why Florida may not save $180 million by importing drugs from Canada. (Bloomberg)
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The Cost of Obamacare

Posted on January 17, 2024 by John C. Goodman

According to the KFF subsidy calculator, a 60-year-old with a $100,000 income, has to pay a premium (net of subsidy) of $708 a month or $8496 a year. The annual out-of-pocket exposure is $9,450. 

If the individual has costly health problems, he will have to pay $17,946 before the health plan begins paying all other expenses. If his illness is chronic, he must bear this expense every year.

If the individual goes out-of-network, because the plan doesn’t cover the specialty care he needs, the plan pays nothing.

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Are Direct-to-Consumer Body Scans Good or Bad? Doctors Say Bad.

Posted on January 17, 2024 by Devon Herrick

Several years ago I got a full-body CT scan. It found a spot on my liver that was “statistically unlikely” to be anything serious. It also found something else that was just a typical anomaly and told me my coronary arteries were in great shape for my age. I don’t recall what else it found but it wasn’t something that changed my life. A few years earlier a relative got a full-body CT scan because of pain in his side that his doctor wasn’t taking seriously. It found kidney stones. Someone else I know got his & her body scans. What all these scans have in common was they were all direct-to-consumer, with no input from their doctors. They were also all paid for in cash.

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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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