The state of Indiana has a bill before the Legislature (SB 400) that would allow medical graduates who have not matched to a residency to practice under licensed physicians. This is important because more than 10,000 medical graduates fail to match to a residency program each year. Many of those will try again the following year but many will ultimately never complete a residency program. In most states medical graduates who never complete a residency will never have an opportunity to care for patients.
Category: Cost of Healthcare
Would You See an AI Doctor?
The term artificial intelligence (AI) has been in use for many years. Indeed, it includes many names, such as AI, neural networks, machine learning and a few other buzzwords. The preceding linked article from IBM tries to explain the meaning of all these terms. A few years ago, IBM made headlines as the developer of Watson, which famously competed on the game show Jeopardy, beating Ken Jennings. There is a new AI interface on the Internet that anyone can try out called ChatGPT. ChatGPT is a language-based AI chatbot that can do many things humans can do, including correcting computer code, writing college entrance essays and a host of other things.
China has Health Savings Accounts
And they have had them for a decade. As the New York Times explains:
Companies typically contribute to the pools an amount equal to as much as 9.8 percent of a worker’s salary…. The employee insurance pools currently forward about a third of the money they receive from employers to personal health accounts, and spend the remaining two-thirds on hospitalizations and other expenses. Employees also put about 2 percent of their paychecks into their health accounts until they retire.
While the pooled employee funds in many cities are depleted, personal health accounts across China have accumulated more than $130 billion.
Monday Links
- After the government took steps to raise the price and restrict the supply, opioid consumption and overdoses went up. Casey Mulligan explains why.
- Sally Satel on “Social Justice Therapy.”
- Health care worker shortages: Half of the states, including all in New England and most in the Midwest, have health care employment lower than three years ago.
- Who does AARP really represent? It backed the IRA bill – taking $280 billion away from Medicare and spending the money on heath insurance subsidies for the well-to-do and special interest green energy projects.
- U.S. Energy Dept: the coronavirus most likely came from a lab leak.