- Mark Pauly, et. al.: expensive brand name drugs are worth more than what we are paying for them.
- Study: the biggest losers from the (Obamacare) Medicaid expansion: low-income children.
- Should the homeless be forcibly moved to mental institutions?
- More on Ivermectin.
- A woke Hippocratic oath demonstrating that some of the worse political thinking in the modern era comes from doctors.
Category: News and Events
White Men are Abandoning the Labor Market. Is it Poor Health? Disability? Addiction? Laziness? Coasting on the Wife’s Income?
A former neighbor was a machinist. He worked for a variety of employers. At one company he made helicopter parts, while at another he made printing press rollers out of lightweight aluminum that were reinforced from the inside with fiberglass. His son was my friend and he worked in a ceramic tile factory, then for an industrial adhesives manufacturer. He later moved away and got a job in a factory that made cabinets. Both these working-class men made decent lower middle-class livings. Their respective careers were part of their identity. The son told me he always wanted to work in manufacturing.
Wednesday Links
- Man harassed by collection agencies over an unpaid $2.57 hospital bill.
- Socialized medicine in Oregon: Measure 111 amends the state constitution to establish “the obligation of the state to ensure that every resident of Oregon has access to cost-effective, clinically appropriate and affordable health care as a fundamental right.” (WSJ)
- How colleges deceive students about the real cost of their enrollment.
- Paul Ryan’s plan to save America’s finances. Social Security reform is bold. Health care reforms are Meh.
Does Grandma Need a roommate? (Alternatives to Long Term Care)
Nearly 70% of seniors will need long-term care at some point in their lives. There are nearly 66,000 long-term care (LTC) facilities in the United States, with a total of about 1 million licensed beds. That will not be nearly enough as the Baby Boomer generation approaches the period in their lives of declining health. The average LTC resident is a woman, accounting for two-thirds of residents. Women stay an average of 3.7 years, compared to men who stay 2.2 years, on average. The reason women outnumber men two-to-one and spend more time in nursing homes is due to women outliving their husbands.