- How wasteful is traditional Medicare? Every dollar Medicare spent on monitoring spending generated $24–$29 in government savings.
- Drug approval times around the world.
- The new Ai Pin sounds intriguing. But what will it do for health care?
- Who needs a doctor’s office, if you can get care from a kiosk in a shopping mall?
Category: Consumer-Driven Health Care
Long-Term Care is a Growing Problem (that has no easy solution)
Long-term care is expensive. By expensive, I mean break-the-bank expensive. As people begin to live longer, they don’t always live well longer. Medical science can keep people alive long after they are no longer able to function. The lack of affordable long-term care is a problem that has no easy solution.
Thursday Links
- California charges taxpayers twice as much as Florida and delivers worse services.
- The true cost of charging an EV is equivalent to $17.33-per-gallon gasoline — but the EV owner pays less than 7% of that.
- Alvin Hanson: “world population will soon fall fast, and then unless we achieve full AGI or end aging by then, our total world economic capacity will also fall, with scale economies and innovation rates both falling roughly in proportion.”
- How to avoid high drug costs for patients: Let government buy the patents and put them in the public domain.
- Only 1 percent of Americans are both uninsured and lack A opportunity to enroll in subsidized coverage. This entire Health Affairs piece by Brian Blase is recommended.
The Case for Medicare Advantage
Medicare Advantage enrollees experience lower rates of hospital admission and lower rates of expensive and ineffective medical procedures in the last few months of life.