Tag Archives: Healthcare

Large Variation in Hospital Billing: Three Preliminary Takeaways from New U.S. Data

The NYTimes has an interesting article on variation in hospital billing. In addition to highlighting substantial dispersion for the same procedure even within local areas (e.g. “a hospital in Livingston, N.J., charged $70,712 on average to implant a pacemaker, while … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment

A Century of Progress in Health Technology

From an Ezra Klein healthcare article that you should read.

Posted in Uncategorized | Tagged , | Leave a comment

Regional Variation in Health Insurance Premia, Wages, & Health Costs

While I’m certainly not the first to point these features out, it is astounding to look at how quickly health insurance premia have grown overtime, especially when you compare this growth to that of average wages, total Medicare spending per … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment

The Congress-Does-Nothing Deficit Reduction Plan

This David Kamin article on future tax revenues and bracket creep is worth reading. Here are a couple highlights: Because of some long-standing elements of our system as well as clever provisions in the Affordable Care Act, taxes will actually … Continue reading

Posted in Uncategorized | Tagged , , , , , , , | Leave a comment

Accounting for the Cost of US Healthcare

I read Steven Brill’s healthcare piece recently and wanted to get a better high-level view of where dollars in the healthcare system are spent. I find aggregate data more informative than anecdotes about hospital bill line items (not that I … Continue reading

Posted in Uncategorized | Tagged , , , , , | 1 Comment

Do fixed patent terms distort innovation? Evidence from cancer clinical trials

A new paper from Heidi Williams, Eric Budish, and Benjamin N. Roin: ABSTRACT: Patents award innovators a fixed period of market exclusivity, e.g., 20 years in the United States. Yet, since in many industries firms file patents at the time of discovery … Continue reading

Posted in Uncategorized | Tagged , , , , , , | Leave a comment

The Impact of Managed Care Backlash on Health Care Costs

Marginal Revolution sends us to Maxim Pinkovskiy’s JMP: ABSTRACT: During the late 1990s, there was a substantial cultural, media and legal backlash against the cost-containment practices of managed care organizations (particularly, HMOs). Most states passed a variety of laws in … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment

The Right Way to Spend on Healthcare

Amitabh Chandra and Jon Skinner have a related paper in JEL: ABSTRACT: In the United States, health care technology has contributed to rising survival rates, yet health care spending relative to GDP has also grown more rapidly than in any … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment

When more states look like Florida, will we spend too little on Education?

The combination of raising healthcare costs (mostly via Medicaid at the state level), pension obligations, lower employment to population ratios and thus tax revenues, balanced budget requirements, state tax competition, the reluctance to raise taxes in general and mobility concerns … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , | Leave a comment

The Medicare Eligibility Age: Demographics and Medical Care Spending

In contrast to Social Security Reform, we do not find a large effect of potential increases in the age of eligibility on the long-term ability to finance medical spending. This is partly because the oldest old spend much more on … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , | Leave a comment