The Old factor

Just catching up on some things.  A few have asked me about an article a couple weeks ago covering some work from Harold on how Pittsburgh’s medicare spending per capita compares to other regions.  In summary read: it’s really high.

It just got me thinking.  Whenever I see anything like this I wonder about the impact . . . → Read More: The Old factor

More On The Ethics of Receiving Government Benefits

From Think Markets:

In addition Mr. Krugman cites evidence suggesting large percentages of Social Security and Medicare beneficiaries are confused about their use of these government programs. They don’t seem to think they’re getting handouts.

Maybe that’s because they’re in fact not getting handouts. As they were reminded every time they looked at their . . . → Read More: More On The Ethics of Receiving Government Benefits

The Ethics of Receiving Government Benefits

James Kwak:

Many liberals like to point out the apparent hypocrisy of the people featured in the article, who rail against big government, demand lower spending, and simultaneously rake in benefits from the federal government that they hate. The central figure in the article, Ki Gulbranson, works hard yet has barely enough money to . . . → Read More: The Ethics of Receiving Government Benefits

No Room for Medicare Patients

When I went into solo practice of internal medicine in 1981, it was very easy to get a doctor to see a Medicare patient. All I had to do was make a phone call. A courteous receptionist answered. If the doctor couldn’t come to the phone right away, I could count on a prompt . . . → Read More: No Room for Medicare Patients

With All The Talk About “Transparency”, Medical Prices Are Still A Secret

Suppose you went into a grocery store, and found no prices on anything. You ask a clerk how much five pounds of potatoes would be, and he asks you whether you are 65 or older. You’re taken aback, but you tell him you are 64, and he asks whether your income is less than . . . → Read More: With All The Talk About “Transparency”, Medical Prices Are Still A Secret

To Finity and Beyond

Here’s the underlying problem with Medicare, universal health care, and any and all attempts at reform:

Putting aside, for the moment, the details of the Ryan plan, what many voters refuse to understand is the unpleasant choice they inevitably face. Either cost-control by the consumers or cost-control (aka rationing) by the State. The issue . . . → Read More: To Finity and Beyond

What's Wrong with Medicare

The Urban Institute recently released a study showing that the average person who turns 65 this year will receive more benefits from Medicare than they paid in.  Their study looked at several common living scenarios for people of that age, covering low and high income earners, married and single households, and couples with one . . . → Read More: What’s Wrong with Medicare

Explaining the Latest Version of ObamaCare

Simply put, it’s like this: If you’re a member of Generation X or Y or whatever the hell they’re calling the various post-Boomer generations these days, you are to be boiled in hot water until you’re nice and tender and your meat and bones have separated.

The insurance companies receive the meat (“individual mandate”).

. . . → Read More: Explaining the Latest Version of ObamaCare

Now You Can Manage Your Prescription Drugs Online

If you are at the age where you qualify for Medicare, then you undoubtedly understand how difficult it may be to manage your medications and prescriptions. The government’s Medicare program is a terribly complicated thing comprised of four parts – A, B, C, and D. Medicare Part A is for hospital care. Medicare Part . . . → Read More: Now You Can Manage Your Prescription Drugs Online

Health Insurance Companies Take Advantage of Doctors

In response to my last post regarding health insurance companies, I received a comment from a physician who noted that health insurance companies try to make it difficult for doctors to collect payments. I could not agree more. It is the classic example of a big business trying to take advantage of the little . . . → Read More: Health Insurance Companies Take Advantage of Doctors