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United States of America
Joined February 2023
Highly recommend @jeffgiesea's "healthcare theory of everything." See: jeffgiesea.substack.com/p/he…
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We're winning the War on Cancer
BREAKING: The FDA just granted accelerated approval to the first immunotherapy for a leading cause of cancer death in U.S. men under 50. This therapy allows certain patients to skip radiation, chemo, and surgery altogether.
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The Boyd Institute retweeted
BlueCross vs Rebel+Sedera - For the invididual you save a few bucks but get rebel's concierge level service included. For the family, you get rebel's service plus save a TON of money.
What's the financial savings for using a health share like Sedera versus Blue Cross? Over the course of a year, a family could save over $11,000 easily. And this is just on the deductible part after the premium is paid. This doesn't even include the premium.
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New — A friend who works in healthcare compliance shares an anonymous confession: The Sunshine Act needs reform, even if it means putting themselves out of a job. boydinstitute.org/p/sunshine…
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The Boyd Institute retweeted
America spends universal-healthcare money without getting universal healthcare. Crazy. from my essay, "healthcare is eating America" jeffgiesea.substack.com/p/he…
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Replying to @KlingBlog
@KlingBlog opened our healthcare sprint's look at tradeoffs with a blunt reading. From 2010 to 2019 US deaths from treatable causes fell 6 percent, while the median of eleven rich peers fell 20 percent, with America beint "worse in spite of higher spending."
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Physicians' and other suppliers' self-interest creates incentives toward overtreatment, high prices, and restriction of supply and competition. Nurse practitioners earn about half what physicians do, and their care costs less.
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"Insurance as cost insulation instead of risk smoothing adds two new layers of social cost. First, patients lose any reason to shop or bargain for cheaper healthcare. Second, providers gain a perfect alibi for telling them nothing about cost."
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Arnold Kling in his recent article for the Boyd Institute: "Another way to try to assess whether higher spending on health care reduces mortality is to look at sub-populations in the United States with similar characteristics and different levels of spending. Many studies show little or no effect of higher spending in lowering mortality. This suggests that there is a problem with cost-effectiveness in our health care system."
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