Big Food, Big Pharma, Big Tobacco, Big Finance, and Little Marijuana
Yves here. This post is an interesting “be careful what you wish for” warning as far as the legalization of marijuana is concerned.
Read more...Category Archives: Health care
Credence Goods: The Unique Economics of Health Care
Why health care will never work as a market good – there are extreme information asymmetries between the providers and the patients. That means, among other things, we need to recognize the inability of patients to know if they are getting good care or not (beyond a basic level of attentiveness) and the ease of getting them to believe that a lot of treatment, as in overtreatment, is tantamount to “good care”.
Read more...How Obamacare Policy Holders and Big Pharma Lose Out from Insurers Gaming Plan Designs
At one level, it’s vastly amusing to watch Big Pharma, through its powerful lobbying group PhRMA, complaining that its ox is being gored by insurers through how they’ve designed Obamacare plans. On another, though, the analysis prepared for PhRMA confirms what this site has long argued, that the Obamacare plans represent a deliberate effort to extract more rents from the public at large on behalf of the medical-industrial complex.
Read more...The Elderly as a Source of Profit
Eldercare is really the limit case of health care for profit. Stick a tube in the helpless body, extract rent. It’s brilliant in its simplicity!
Read more...ObamaCare Post-Victory Lap Cooldown (2)
1. How Many Lives Will ObamaCare Save?
2. What is the Actuarial Quality of the ObamaCare “Pool”?
3. Will People Be Satisfied with Their Plans Once They Use Them?
4. What Will Happpen to Employer-Based Insurance?
5. What About the Back End?
6. What About Single Payer?
ObamaCare Post-Victory Lap Cooldown
1. How Many Lives Will ObamaCare Save?
2. What is the Actuarial Quality of the ObamaCare “Pool”?
3. Will People Be Satisfied with Their Plans Once They Use Them?
4. What Will Happpen to Employer-Based Insurance?
5. What About the Back End?
6. What About Single Payer?
The Pervasiveness of Health Care Corruption as Shown by Another Roundup of Legal Settlements
Yves here. This post is important, not simply for chronicling health care corruption, but also in demonstrating how, just as in financial services, the individuals responsible are not targeted for fines or prosecution.
Read more...ObamaCare Clusterfuck: “Medical Homelessness” in California
Many of the newly insured under Obamacare are finding they can’t find doctors.
Read more...Health Care Information Technology: A Danger to Physicians and to Your Health
The causes of the crapification are legion, but one that is having a bigger impact on health care than is widely recognized is bad information technology implementation. And I don’t mean the healthcare.gov website.
Read more...The Stealthy, Ugly Growth of Corporatized Medicine
If you think medical care in the US is already suffering from crapification, the Brave New World of corporatized medicine will take it to a new level.
Read more...Yet Another Shoddy Democratic Hack Job from Paul Krugman on ObamaCare
I know, I know. Film at 11! But let us sorrowfully pull on our waders and look at Krugman’s latest.
Read more...Planned Obsolescence Disguised as Innovation, Oligopoly Disguised as a Free Market, and the Enrichment of Oligarchs
We are delighted to feature this post from Roy Poses, who with his colleagues at Health Care Renewal, have been providing consistently high quality analysis of the often dubious practices and economics of the health care system.
Read more...You Won’t Believe What These 10 Democrats Said About ObamaCare!
Maybe you did. But you shouldn’t have!
Read more...ObamaCare Discriminates Against Poor People with Cancer (and Obama’s Lying Again)
ObamaCare’s narrow networks apply specifically to cancer treatment, and poor people with cancer will be less likely to be able to select policies that could save their lives.
Read more...Neo-liberalism Expressed as Simple Rules
And we go to Happyville, instead of to Pain City. For some definition of “we.”
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