Unbiased Analysis of Today's Healthcare Issues

Archive for January, 2010

Is America in Decline?

In an article in the Atlantic, James Fallows ponders if America is in decline and if so, is there anything we can do about it. One of the more revealing commentaries on America’s prospects comes from an American businessman living in China: “We scream about our problems but as long as we have the immigrants, […]

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Economics Links

These set of links focus less on Healthcare and are instead more for my Economist readers. Kenyes vs. Hayek:  A hip-hop duel The disingenuous spending freeze. Chinese Corruption (e.g., falsifyng $3 billion in earnings) Economics Journals going open-access. John Gruber on the iPad. Will we go the way of Japan?  Becker and Posner ponder.

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The Republican Response: The Healthcare Economist’s Take

Yesterday I game my evaluation of President Obama’s State of the Union Address.  Today, I analyze the Republican Response. All Americans agree, we need a health care system that is affordable, accessible, and high quality.  Cheap and high quality, who wouldn’t agree with that proposition?  Figuring out how to get there is the problem. But […]

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Obama’s State of the Union Address: The Healthcare Economist’s Take

Below are healthcare-related excerpts from President’s Obama’s State of the Union Address with my comments afterward. Now let’s be clear – I did not choose to tackle this issue to get some legislative victory under my belt. And by now it should be fairly obvious that I didn’t take on health care because it was […]

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Cavalcade of Risk: “It’s my party and I’ll blog if I want to” edition

The latest edition of the Cavalcade of Risk is up at Wisdom from Wencypoo’s Mental Wastebasket.

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Implementing a value-based purchasing program for Medicare

“The Medicare Improvements for Patients and Providers Act of 2008 (MIPPA) requires the Department of Health and Human Services (DHHS) to develop a plan that will transition Medicare payments into a VBP [value based purchasing] program for physician and other professional services that is based on efficiency and the quality of services provided. The Act […]

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What are Accountable Care Organizations?

Accountable Care Organizations (ACOs) are the latest rage in the health policy world.  The question is, what are ACOs.  The Urban Institute’s Kelly Devers and Robert Berenson try to answer the following question: “Can Accountable Care Organizations Improve the Value of Health Care by Solving the Cost and Quality Quandaries?” The goal of ACOs is […]

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Today in 1993…

January 25, 1993:  President Bill Clinton appointed First Lady Hillary to lead a task force on health-care reform.

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Health Spending Climbs to 16.2% of GDP

From the CMS Office of the Actuary: U.S. health care spending growth decelerated in 2008, increasing 4.4 percent compared to 6.0 percent in 2007, as spending growth slowed for nearly all health care goods and services, particularly for hospitals. Health spending growth for state and local and private sources of funds also slowed while federal […]

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Efficiency vs. Equity

Most economists focus on the concept of “economic efficiency.” The basic concept of economic efficiency is to maximize the overall resources available to society.  However, often times economists ignore the importance of equity (i.e., the distribution of resources within a society). Tyler Cowen reminds us that seeking economic efficiency blindly is not ideal, especially in […]

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