Artificial intelligence applications have been in the news lately. I’m especially interested in medical applications. I’ve previously written about using AI to help radiologists interpret X-rays and diagnostic images. Computer-aided radiology interpretation has been around for a few years and has gotten to the point where AI can catch things that radiologists miss. The New York Times worries about whether AI is ready to manage patient care. The consensus seems to be that although it may be premature at the moment it soon will be.
Category: News and Events
Thursday Links
- Alex Tabarrok reviews The Big Fail. Best sentence: “Anti-lockdown was probably the dominant expert opinion prior to COVID.”
- Biden invokes the Defense Production Act to stem drug shortages. This is a Cold War-era law that lets the government require private companies to make materials deemed necessary for national defense.
- Jason Furman on the 2017 Trump tax reform bill: It showed “taxes actually do matter,” adding that it provided “the most convincing estimates of the response of investment to corporate tax changes that I have ever seen.”
- Imagine getting medical-test results within minutes or seconds, before you leave the doctor’s office. That’s more likely for your dog than it is for you. (WSJ)
- Why cold symptoms are worse at night. (NYT)
Wednesday Links
- Kaiser: the average annual premium for employer-sponsored family health insurance coverage was $23,968 in 2023.
- Study: Fentanyl “accounts for 90% of all opioid deaths… We show that a substantial amount of fentanyl smuggling occurs via legal trade flows.”
- In 2021, the U.S. spent $1,432 per capita on pharmaceuticals compared to only $517 in the UK. One reason: the value of a statistical life in the UK is pegged at £20,000 – £30,000, compared to $100,000 – $150,000 in the US.
- Headline I wish hadn’t seen: New York City will pay homeowners up to $395,00 to build an extra dwelling in their garage or basement to help ease the housing shortage.
- Gene Steuerle’s NYT piece on how much seniors get from the government’s elderly entitlement programs is no longer behind a paywall. Fascinating graphs.
Four Year Wait to See a Dermatologist in the UK’s National Health Service
The dermatologist examined my skin and he wrote me a prescription for a steroid cream. My entire visit was only $86. I scheduled minor surgery for a month later, which cost around $560 including a pathology report and a free, post surgery follow-up visit. My dermatologist gives uninsured patients a cash discount similar to the Medicare price. He also throws in free services, like writing a prescription for eczema since I was already in his office.
Contrast my experience seeing a Dallas dermatologist with patients from the United Kingdom. In the UK there is very little cost-sharing or out-of-pocket payments for services covered by the National Health Service (NHS).