My previous boss, Robbie Pearl, has talked about this at length. He saved a failing Kaiser Permanente and now is an author and podcaster and Forbes contributor. His stuff is worth reading if the topic interests you. Brilliant guy, and I owe him my successful career.
Americans have a lower life expectancy than people in other rich countries despite paying much more for healthcare. We explore the number of factors which might explain this difference.by Max RoserOctober 29, 2020
Why do Americans have a lower life expectancy than people in other rich countries, despite paying so much more for health care?
The short summary of what I will discuss below is that Americans suffer higher death rates from smoking, obesity, homicides, opioid overdoses, suicides, road accidents, and infant deaths. In addition to this, deeper poverty and less access to healthcare mean Americans at lower incomes die at a younger age than poor people in other rich countries.
As Bor and his researchers note, inequality is surely a big part of the picture. In 2017, economist Peter Temin described how America began to diverge into what are essentially two separate nations in the 1970s. One nation â around 20% of the total population â boasts college educations, good jobs, and access to quality healthcare. The other nation, where the 80% majority resides, is stuck with low wages,
insecure jobs, fewer education opportunities, and unaffordable and inadequate healthcare. These are the people getting sicker and dying younger than they used to. Temin observes that the US economic structure now looks a lot more like that of a developing nation than a wealthy superpower, which may help explain why the countryâs mortality rates as a whole canât compete with peer countries where such bifurcation is less pronounced. Thomas Ferguson, Director of Research at the Institute for New Economic Thinking (INET), has studied Americaâs increasing turn to money-driven politics, which has resulted in public-minded policies giving way to free market-driven policies that do not consider the needs of the majority.
Once again, I hate for-profit health care. My mental health providers are no longer "in network". So now I have to locate and start all over again with a new shrink and therapist. jfc
As long as you can get your meds - if you take any. That's my nightmare about losing my medi-cal, which could happen any day. Good luck!
Once again, I hate for-profit health care. My mental health providers are no longer "in network". So now I have to locate and start all over again with a new shrink and therapist. jfc
As long as health care companies are profit-driven, it'll keep happening. They have shareholders to answer to, so they have to figure out how to make money off your illnesses.
Eggzactly. Which is why profit and healthcare don't mix.
As long as health care companies are profit-driven, it'll keep happening. They have shareholders to answer to, so they have to figure out how to make money off your illnesses.
Process could be harnessed as a treatment for osteoarthritis
Contrary to popular belief, cartilage in human joints can repair itself through a process similar to that used by creatures such as salamanders and zebrafish to regenerate limbs, researchers at Duke Health found.
Publishing online Oct. 9 in the journal Science Advances, the researchers identified a mechanism for cartilage repair that appears to be more robust in ankle joints and less so in hips. The finding could potentially lead to treatments for osteoarthritis, the most common joint disorder in the world.
Impressive. Ratio means that the numerator and denominator are measured in the same units.
I would like to see a chart of some per unit or per patient real litigation costs faced by US hospitals over the same time period.
Oh well. Nobody has ever argued that American Exceptionalism is cheap.
Investor ROI doesn't grow on trees you know.
If you don't increase revenue faster than costs, how would you ever make more money?
I think you are trying to be funny rgio but that is actually not how markets work. Risk-adjusted ROI does not evolve that radically over time.
But who cares? Almost of voting American adults just voted for a guy who clearly has his own unique personal view on how markets work. Is it not fascinating that just shy of 50% of voting American adults just voted for Marxist Keynesianism?
Besides that, Trump had 4 years to replace Obama Care and finally decided that the status quo was acceptable.
This is just one more example of private equity firms gutting businesses. ToysRUs is another: a perfectly good company brought down by a rapacious PE firm. They do not add value - in fact they extract it. They do not create jobs - they create unemployment. They do not serve the community, local or otherwise - they exist to serve a handful of obscenely wealthy people. I still do not understand how these transactions can be legal. They are certainly immoral. c.
This is just one more example of private equity firms gutting businesses. ToysRUs is another: a perfectly good company brought down by a rapacious PE firm. They do not add value - in fact they extract it. They do not create jobs - they create unemployment. They do not serve the community, local or otherwise - they exist to serve a handful of obscenely wealthy people. I still do not understand how these transactions can be legal. They are certainly immoral. c.
