- Chinese military had deep ties to Wuhan lab suspected of COVID-19 outbreak.
- The case for more competition in Medicare.
- A deep dive into the statistically weak case for veganism.
- 2022 was a record year for the number of solar energy projects that were rejected by rural communities in the United States.
- One good thing that came out of the Vietnam war (and about the only good thing I can think of): our best malaria drug.
- Medicare sets price for 10,000 doctor services. What happens when the prices are wrong? Doctors and hospitals have perverse incentives to over provide services with high reimbursement rates and under provide services with low rates.
Is Medicare Advantage the Answer to High Drug Costs?
Average annual deductibles in Part D prescription drug plans (PDPs) are roughly four times higher than those in Medicare Advantage drug plans (MA-PDs) ($398 versus $90). Average monthly premiums for PDPs are also roughly 3.5 times higher than in MA-PDPs ($40 versus $11). Similarly, MA-PDP formularies cover a higher share of potentially coverable Part D drugs than PDPs (89 percent compared to 83 percent). At the same time, MA-PDPs impose utilization management requirements (such as prior authorization and quantity limits) on formulary covered drugs at a lower rate, relative to PDPs.
Saturday Links
- Neil Ferguson’s infamous Imperial College London model predicted lockdowns would avoid 1.7 to 2.1 million COVID deaths. A new study finds the actual reduction in COVID deaths associated with lockdowns was 4,300 to 15,600.
- A positive obituary for Silvio.
- The left hates home schooling.
- Can noise reduce your life expectancy?
- Is most mental illness little more than socially disapproved preferences? Byron Caplan: Yes. Arnold Kling: No.
- The danger in exercising too much.
Update on Britain’s National Health Service
In May over half a million people waited more than 4 hours in A&E. Not much more than a decade ago that number was negligible. Tens of thousands are waiting 12 hours or more. There can be no doubt this is killing many thousands of people. Excess mortality in 2023 is running above the 5 year average, which includes the pandemic years.
Sam Freedman, “How Bad Does It Need to Get? Understanding the NHS Crisis.”