Category Archives: Economics of Health Care

Ray Dalio’s data points

The essay is on inequality, but there are interesting statistics scattered throughout. For example, While many of the major causes of death have been flat or falling over the last 15 years, deaths from drugs and alcohol more than offset … Continue reading

Posted in Economics of Health Care, Four Forces Watch, income distribution-wealth-poverty | 6 Comments

Hansonian medical checkups

Toshiaki Iizuka, Katsuhiko Nishiyama, Brian Chen, and Karen Eggleston write, despite the significant increase in medical care utilization at the borderline threshold, we find no evidence that the additional care improves health outcomes. This is true both for intermediate health … Continue reading

Posted in Economics of Health Care, The Wisdom of Robin Hanson | 1 Comment

Health insurance vs. health care assurance

In a comment, Tim Worstall wrote, Assurance is a means of, possibly tax privileged, saving for high probability events. Insurance is a method of, well, not saving but providing for, low probability and expensive events. Fire insurance for a house … Continue reading

Posted in Economics of Health Care | 11 Comments

Mis-education of health care economics

Responding to a post by John Cochrane, on his own blog Greg Mankiw refers readers to this piece that Mankiw claims to provide readers with education on the economics of health care. various features of this market complicate the analysis … Continue reading

Posted in Economics of Health Care | Tagged , | 22 Comments

Americans are super-rich

Tyler Cowen writes, Consumption in the U.S., per capita, measures about 50 percent higher than in the European Union. American individuals command more resources than people in countries such as Norway or Luxembourg, which have higher per capita GDP. The … Continue reading

Posted in Economics of Health Care, Tyler Cowen is my Favorite Blogger | 28 Comments

Zero pushback

That is what Tyler Cowen gives Atul Gawande when he says, In the 1950s, we had no real FDA, and you had the opportunity to put out, to innovate in all kinds of ways, and that innovation capability gave us … Continue reading

Posted in Economics of Health Care, Tyler Cowen is my Favorite Blogger | 22 Comments

CBO under attack

Marc Short and Brian Blase write, The CBO’s methodology, which favors mandates over choice and competition, is fundamentally flawed. As a result, its past predictions regarding health-care legislation have not borne much resemblance to reality. Its prediction about the Senate … Continue reading

Posted in Economic education and methods, Economics of Health Care, Mark Thoma is Indispensable | 15 Comments

John Goodman on health legislation prospects

He writes (email newsletter, I can’t find a web link), This is a $3 trillion industry and basically all the special interests want to keep the basic structure of Obamacare. Each wants to get rid of its own Obamacare tax. … Continue reading

Posted in Economics of Health Care, public choice | 8 Comments

Medicaid and Uncompensated Treatment

Joshua D. Gottlieb and Mark Shepard write, many of the benefits of Medicaid go to medical providers who would otherwise provide uncompensated or unpaid care to the same people. In the absence of insurance coverage, hospitals still provide emergency care … Continue reading

Posted in Economics of Health Care | 37 Comments

Douglas Holtz-Eakin on the health care bill

He writes, the CBO is required to compare the BCRA with current law. For Medicaid, that means it must assume that the financially unsustainable entitlement will continue to swell to cover about 5 million more people, accounting for the bulk … Continue reading

Posted in Economics of Health Care | 77 Comments