Health Care

Commentary

The Ugly Realities Of Socialized Medicine Are Not Going Away

The worldwide recession has forced countries around the world to curb public spending — or risk defaulting on their debt. The United Kingdom is the latest to tighten its belt. The National Health Service (NHS) — the centralized public agency that runs Britain’s government healthcare system — is being forced ...
Health Care

The Federal Government’s Deeply Flawed System For Controlling Medicare Costs

Medicare’s hospital trust fund is set to be exhausted by 2024, according to the latest report from the program’s trustees. Federal officials are understandably looking for easy ways to cut spending in the entitlement program in hopes of shoring up its finances. They believe they’ve hit on one with a ...
Commentary

Shopping for Health Coverage Versus Shopping for Health Care

As I read the spirited debate over whether Obamacare will drive health insurers out of business (here and here), I wonder if we need to bring the discussion back to fundamentals: The key problem with U.S health insurance is that there is too much of it – whether provided by ...
Health Care

Medicare Is Increasingly A Benefit Enjoyed By The “One Percenters”

The Congressional Budget Office just released a major new investigation into household income trends over the last three decades. Researchers found that while the total amount of benefits paid out by government social safety-net programs rose between 1979 and 2007, the share going to the poor actually shrank. In other ...
Commentary

Wal-Mart’s Entrance Into Health Care Is Great News for American Consumers

Earlier this month, Wal-Mart dropped a bombshell on the health care industry. A memo from the retail giant obtained by National Public Radio revealed that the company would seek partners to help it “dramatically . . . lower the cost of health care . . . by becoming the largest ...
Health Care

Just Say ‘No’ To New Health Insurance Taxes

This month, consulting firm Oliver Wyman released a new study revealing that — surprise, surprise — health insurance premiums will increase by several thousand dollars over the next ten years. That’s bad enough news for consumers. Even worse? The study only looked at the cost impact of Obamacare’s new tax ...
Commentary

Only the Sick Need Apply

Can they be serious? Put aside the absurdity of the notion that a public plan would operate just like Blue Cross or one of the others. (After all, the whole purpose of the public plan is to transfer wealth among constituencies in ways that market competition precludes.) Instead, consider the ...
Health Care

The Medicare Auction Design and Incentives for Research and Development

Key Points: Government has incentives to focus far more heavily upon budget outlays than patient wellbeing in the operation of its health programs. So as to obtain medical devices and equipment for the beneficiaries of Medicare and Medicaid, the federal government uses auctions that are poorly designed, resulting in prices ...
Commentary

Can the PayPal Mafia Fix Health Care?

Last week, the Health 2.0 venture Practice Fusion held its second annual Connect conference in San Francisco. Practice Fusion is an exciting business for a few reasons: It provides a free electronic health record (EHR) to physicians and allied health providers. It’s completely independent of the “legacy” healthcare business. (Competitors ...
Business & Economics

A Pfizer Break Up? That Would Be Something

What I intend to contribute at The Apothecary is somewhat different than what you’ll read in my other media, because I’ll be bringing financial analysis to bear on the healthcare space (although not ignoring what the politicians and bureaucrats are doing, of course. Any healthcare enterprise’s success will depend largely ...
Commentary

The Ugly Realities Of Socialized Medicine Are Not Going Away

The worldwide recession has forced countries around the world to curb public spending — or risk defaulting on their debt. The United Kingdom is the latest to tighten its belt. The National Health Service (NHS) — the centralized public agency that runs Britain’s government healthcare system — is being forced ...
Health Care

The Federal Government’s Deeply Flawed System For Controlling Medicare Costs

Medicare’s hospital trust fund is set to be exhausted by 2024, according to the latest report from the program’s trustees. Federal officials are understandably looking for easy ways to cut spending in the entitlement program in hopes of shoring up its finances. They believe they’ve hit on one with a ...
Commentary

Shopping for Health Coverage Versus Shopping for Health Care

As I read the spirited debate over whether Obamacare will drive health insurers out of business (here and here), I wonder if we need to bring the discussion back to fundamentals: The key problem with U.S health insurance is that there is too much of it – whether provided by ...
Health Care

Medicare Is Increasingly A Benefit Enjoyed By The “One Percenters”

The Congressional Budget Office just released a major new investigation into household income trends over the last three decades. Researchers found that while the total amount of benefits paid out by government social safety-net programs rose between 1979 and 2007, the share going to the poor actually shrank. In other ...
Commentary

Wal-Mart’s Entrance Into Health Care Is Great News for American Consumers

Earlier this month, Wal-Mart dropped a bombshell on the health care industry. A memo from the retail giant obtained by National Public Radio revealed that the company would seek partners to help it “dramatically . . . lower the cost of health care . . . by becoming the largest ...
Health Care

Just Say ‘No’ To New Health Insurance Taxes

This month, consulting firm Oliver Wyman released a new study revealing that — surprise, surprise — health insurance premiums will increase by several thousand dollars over the next ten years. That’s bad enough news for consumers. Even worse? The study only looked at the cost impact of Obamacare’s new tax ...
Commentary

Only the Sick Need Apply

Can they be serious? Put aside the absurdity of the notion that a public plan would operate just like Blue Cross or one of the others. (After all, the whole purpose of the public plan is to transfer wealth among constituencies in ways that market competition precludes.) Instead, consider the ...
Health Care

The Medicare Auction Design and Incentives for Research and Development

Key Points: Government has incentives to focus far more heavily upon budget outlays than patient wellbeing in the operation of its health programs. So as to obtain medical devices and equipment for the beneficiaries of Medicare and Medicaid, the federal government uses auctions that are poorly designed, resulting in prices ...
Commentary

Can the PayPal Mafia Fix Health Care?

Last week, the Health 2.0 venture Practice Fusion held its second annual Connect conference in San Francisco. Practice Fusion is an exciting business for a few reasons: It provides a free electronic health record (EHR) to physicians and allied health providers. It’s completely independent of the “legacy” healthcare business. (Competitors ...
Business & Economics

A Pfizer Break Up? That Would Be Something

What I intend to contribute at The Apothecary is somewhat different than what you’ll read in my other media, because I’ll be bringing financial analysis to bear on the healthcare space (although not ignoring what the politicians and bureaucrats are doing, of course. Any healthcare enterprise’s success will depend largely ...
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