Unbiased Analysis of Today's Healthcare Issues

Archive for September, 2009

Physicians Prefer a Mixed Public-Private Healthcare System

The NEJM recently reported on physician views about the public option and the possible expansion of Medicare.  It turns out, most physicians favor the status quo of a mix of public and private financing.   Why would doctors support a public plan? It could be ideological. They may simply believe that more government health insurance […]

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Obama v. Nixon

In 2009, President Barack Obama addressed the nation calling for healthcare reform.  In 1974, President Richard Nixon also addressed the nation calling for healthcare reform.  Let us analyze Nixon’s speech and compare it to Obama’s. “Today the need [for reform] is even more pressing because of the higher costs of medical care.”  Obama echoes this […]

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Links

We don’t need a public option. We do need a public option. The anti-savings account: 0.2% interest rate, 0.3% expense ratio. The deadliest child killer is… Is capitation the way to go? Look to California’s experience.

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Why is healthcare so expensive?

Why is medical care so expensive? It depends on who you ask. Victor Fuchs (1996) polled 46 health economists, 44 economic theorists and 42 practicing physicians. Fuchs asked if they agreed with the following statement: “The primary reason for the increase in the health sector’s share of GDP over the past 30 years is technological […]

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A Critque of the Republican Response to Obama’s Health Care Speech

Today, I will review the Republican Response to President Obama’s health care reform speech. To sum up, Republicans propse: malpractice reform (likely damage caps) allowing individuals to buy health insurance across state lines, allowing small businesses and individuals to pool together (not the same as creating a health insurance exchange), refundable tax credits for low- […]

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Obama’s Health Care Speech Critique

Today, President Obama made a speech calling for healthcare reform. To sum up, Obama is proposing: creating a health insurance exchange, an individual mandate, guaranteed renewability of health insurance, subsidies for individuals and small businesses to purchase insurance, and public option/co-op. Below are some highlights from the speech [with my comments in brackets]. So tonight, […]

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Obama will not insist on a public option

The N.Y. Times reports that President Obama will not insist that a public option be part of any health reform package. You can watch the full speech tonight at 8pm ET live online here. Or for those of you (like me) who prefer the written word, you can always read the speech transcripts available later […]

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Medicare Reimbursement Information VI

The Medicare Reimbursement series continues with today’s focus on outpatient care. The sources of this information is MedPAC’s Payment Basics. Outpatient Hospital Services Outpatient hospital procedures range from injections to complex surgical procedures that require anesthesia. Outpatient hospital care accounted for $19 billion of total Medicare spending in 2007. Currently, outpatient hospital reimbursement is based […]

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Quotation of the Day

“It is a sin to judge any man by his post.” St. Augustine

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Low Life Expectancy in the United States: Is the Health Care System at Fault?

Americans pay more for medical care than any other country and have one of the highest levels of income per capita of any country in the world. Despite its immense wealth and healthcare spending, the United States ranks 50th in life expectancy, worse than Jordan, South Korea, and Bosnia and Herzegovina. In a Commonwealth Fund […]

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