Theincidentaleconomist.com

The US Healthcare Market Debate, Explained Through Economics

WEBHealthcare is not and can never be a free market. It simply does not fit this model. In 1963, economist and later Nobel prize winner, Kenneth Arrow, warned us …

Actived: 5 days ago

URL: https://theincidentaleconomist.com/wordpress/the-us-healthcare-market-debate-explained-through-economics/

Which Health Policies Actually Work

WEBNearly 80 percent of studies of medical interventions are randomized trials, but only 18 percent of studies of U.S. health care policy are. Because randomized …

Category: Medical Go Health

How much is too much

WEBHealth care administration includes all activities related to coordinating health and medical services, such as scheduling, billing, and claims processing. Administrative …

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Theories of health insurance The Incidental Economist

WEBIn the 1970s many insurers adopted copayments to reduce health care spending. In the 1980s and 1990s economists also promoted utilization review and …

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Health care is different (from other industries)

WEBHealth professionals want a good income, as do those in other fields. That would suggest that if we just make health care even more like any of those industries, …

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Health insurance market failures (and what can be done about …

WEBHealth insurance markets are famously concentrated. There are lots of proposed solutions to this: antitrust enforcement, competition across state lines, …

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Health care is unaffordable, even for those who are …

WEBHealth care costs continue to rise, making access to necessary care increasingly unaffordable, even for those who have insurance. On MedPageToday, Paul Shafer, assistant professor at …

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U.S. health care costs a lot, and not just in money

WEBU.S. health care costs a lot, and not just in money. Austin Frakt. September 9, 2021. Health spending in the United States is highest in the world, driven in part by administrative complexity . To date, …

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How health insurance subsidies help everyone

WEBThe following is a guest post by Matthew Martin, a health economist and programmer for the Cancer and Blood Diseases Institute at Cincinnati Children's Hospital Medical Center. He researches the …

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Hospital competition and the medical arms race

WEBLike many ideas in health policy, the medical arms race hypothesis finds its greatest support in a prior era, the 1980s health care market landscape (same with cost …

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Out-of-network payments in Medicare Advantage

WEBThe second caveat is in regard to the declared public health emergency due to COVID-19 (set to expire in April 2021, but likely to be extended). MA plans are …

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How much does health care contribute to health

WEBAbout this, Booske et al. (PDF) write, The “long standing estimate” of 10% for medical care is actually based on “expert” estimates of the contribution of health care …

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Telehealth Use and Availability in VHA Outpatient Mental Health …

WEBTelehealth Use and Availability in VHA Outpatient Mental Health Care. Stuart Figueroa. January 22, 2024. In response to the COVID-19 pandemic, health …

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Does Your Education Level Affect Your Health

WEBEducation is associated with better health outcomes, but trying to figure out whether it actually causes better health is tricky. People with at least some college …

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Health care market failures (and what can be done about them)

WEBThe Incidental Economist. the health services research blog. This post complements one yesterday that focused on market failures in health insurance (read it …

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What makes the US health care system so expensive – Introduction

WEBAbout 90 percent of the observed cross-national variation in health spending across the OECD countries in 2001 can be explained simply by GDP per …

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The health care production function The Incidental Economist

WEBThe health care production function. The following chart, from a spring 2011 paper by Amitabh Chandra, Anupam Jena, and Jonathan Skinner and related …

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Simply put: Marginal cost/benefit The Incidental Economist

WEBImagine each health service costs a fixed amount, as shown by the marginal cost line in the figure. For example, each service costs $100, no matter how …

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Health care as a merit good The Incidental Economist

WEBViewing health as a merit good is a justification for a more equitable distribution of its benefits and costs. It justifies, in particular, in-kind redistribution, the …

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Hospital cost shifting: Brief history and possible future

WEBThe new health reform law includes many provisions that are designed to reduce the rate of growth of public sector health care spending. For instance, the law’s …

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An Interview with Michael Stein The Incidental Economist

WEBDecember 5, 2022. Author Michael Stein — a primary care physician, researcher, and chair of the Department of Health Law, Policy, and Management at Boston University School …

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Cancer Journal: What is health

WEBLet’s call this the capability view of health: health is the ability to do stuff. What I want from life are opportunities to be engaged in attempting hard things. So, a …

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