Medicare For All has been a hot topic lately. Pseudo-socialists Bernie Sanders and Alexandria Ocasio-Cortez have said the US should implement it. On the other hand, you may have seen headlines saying Medicare For All will cost an eye-popping $32.6 trillion. This triggered the usual verbal volleys. One side says, “No way can we afford … Continue reading Will Medicare For All save money?
Earlier this year, a Wall Street Journal article described how insurance companies appear to be gaming the Medicare system to get more money from the federal government. Insurers allegedly shuffle customers between Medicare plans in a way that increases the bonus payments they receive from Medicare. Background The Medicare bonus system in question was created by … Continue reading Insurers gaming Medicare?
No doubt many people think of the US FDA as a generally good institution that keeps us safe from harmful food and drugs. There is some truth to that. But it’s not all sunshine and lollipops. High-priced drugs You may recall the uproar a year or two ago when Mylan, the maker of the EpiPen, … Continue reading The dark side of the FDA
US healthcare is generally recognized for its significant innovation and quality medical care. However, it is even more widely recognized for having certain problems. Two main problems are usually cited. Problem #1 is that 10-15% of the population is uninsured at any point in time. Problem #2 is that medical care and health insurance are … Continue reading Origin of healthcare problems