Unbiased Analysis of Today's Healthcare Issues

Archive for the 'Disability' Category

Quality of Life and Prospect Theory

Prospect theory states that individuals view transactions relative to a fixed reference point.  Individuals are risk averse for gains (i.e., they would prefer $10 for sure over a 50/50 of winning $0 or $20) but risk loving over losses (i.e., they would prefer a 50/50 ‘lottery’ of losing $0 or $20 over a sure loss of $10. […]

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Claims-based Measures of Disability

How does one measure disability?  This is a difficult question.  Many health economists face an even more difficult question: how does one measured disability in claims? A paper by Ben-Shalom and Stapleton attempts to answer this question using six definitions: Chronic Illness and Disability Payment System (CDPS). Developed by Rick Kronick  et al. 2000 (one […]

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Alzheimer’s Awareness Month

This month is Alzheimer’s awareness month. To draw attention to the burden of irreversible, progressive brain disorder, today the Healthcare Economist is providing some facts about the disease, courtesy of the CDC, the Mayo Clinic, NIH Alzheimer’s disease is a progressive disease that destroys memory and other important mental functions. It’s the most common cause of dementia — a […]

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