Cancer is a dreaded disease. People often worry more about getting cancer than heart disease, the No. 1 killer more likely to take their lives. Indeed, Mutual of Omaha sent me applications for cancer coverage on several occasions. I’ve heard those policies are very profitable for insurance companies because people far over-estimate their risk of…
Category: Health Reform
Friday Links
- AEI reforms the health care system: antitrust, price transparency and site neutrality for hospitals; Medicare Part B and 340B reforms for drugs.
- Why electronic medical records aren’t working.
- The downside of making the overdose reversal drug naloxone an over-the-counter drug: most health insurance doesn’t pay for OTC drugs.
- Study: telehealth significantly reduced opioid overdoses during the pandemic.
- Americans want less government spending, but not on any program you are likely to think of.
Why Physicians in Training are Joining a Union
Physician residency is a training program required in all 50 states before medical school graduates are allowed to practice medicine. Residency programs last from three to seven years depending on the specialty. Medical residencies are apprenticeships, where recent medical school graduates care for hospital patients under the direct and indirect supervision of senior doctors who train them.
FTC Wants to Ban Noncompete Employment Agreements
I know a doctor who relocated to a small town after being recruited to join a new practice. He sold his house, bought a new one and uprooted his family for a move 150 miles away. It turned out that it was not a lucrative move. His schedule was quickly filled with Medicare patients, most of whom required 30-minute visits due to multiple chronic conditions. He remarked that his pediatrician colleague could see two or three privately insured patients during the time it took him to see one (lower paying) Medicare patient. His income fell far below expectations and he decided to get out.