Unbiased Analysis of Today's Healthcare Issues

Archive for July, 2013

Health Reform in China

What is health insurance like in China?  A 2011 paper by Zhong in Health Economics provides a nice overview, which I discuss in today’s post. Between the 1950s and the end of the 1970s, three primary insurance schemes covered almost all Chinese citizens. Cooperative Medical System (CMS).  This program existed in 90% of Chinese villages.  […]

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Employer Mandate is Delayed

One important piece of the health reform law, the employer mandate, has been delayed until 2015.  This provision requires larger employers to provide health insurance coverage for their employees or pay penalties. Opinions about this provision vary widely. Sara Rosenbaum, a professor of health law and policy at George Washington University: “I am utterly astounded.  […]

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Staying Healthy on the Fourth of July

According to the Miami Herald, it boils down to this: Don’t blow your hand off, get shot, wreck your car in a drunken stupor or double-over from warm potato salad. Also, it’s always good policy to avoid ‘Florida Man‘ on the Fourth.

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Why do Sick Pepole Avoid Private Insurance in Germany?

Healthy, high-income people in Germany choose private health insurance. Sick, low-income people generally choose public insurance through Germany’s sickness funds. It shouldn’t be surprising risk selection between public and private insurance occurs in Germany.  Here’s why: While public premiums [in Germany] are subject to community rating, private premiums are risk rated. Moreover, public premiums are […]

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Healthcare spending growth projected to slow in 2014

For 2014, PwC’s Health Research Institute (HRI) projects a medical cost trend of 6.5%. This is a full percentage point lower than last year’s projection. What is driving this slowing growth rate? First is the increase in average deductibles. In-network deductibles have increased from $680 in 2009 to $1230 in 2013; out-of-network deductibles have increased […]

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Measuring the Value of Decreased Mortality Rates

How do you measure the value of reduced mortality from a specific disease? Just because you are less likely to die from AIDS in a given year does not mean that your likelihood of dying from cancer will decrease. Thus, how does one model the monetary value of a decrease in disease-specific mortality within a […]

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