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Posts Tagged ‘Health insurance’

Perhaps just a little bit.  One Law Professor’s experience.

“As it happens, … It turned out that I had a genetic variant that implied a moderately increased risk of meningioma, the second most common type of brain tumor.

The information came a little late to be useful. Last summer, … found me half conscious on the floor. The diagnosis at the local hospital was meningioma, a benign (i.e. non-cancerous) tumor inside my skull but fortunately outside my brain.”

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Al Franken ably handles a “taxed enough already” crowd on healthcare debate topics … democratic process at its best … the frontrow presence of a 90 y.o. lady draws some focus on how young folks resent being saddled with future debt to pay for current payouts – no one seems to take note or care that she is there.  Go Senator Al!

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If You think Healthcare is Expensive Now!
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pointer to: Bloomberg Economics Radio – two top healthcare economics experts amicably discuss (.mp3) the current reform efforts – both agree the mendacity and outright lies are deeply poisoning the debate. The first main issue is the so-called “uninsured issue” which most other countries have resolved (simply, everyone deserves to be and is covered) which they see as resolvable through public-private and/or private-exchanges for the 20-25 million folks who cannot afford coverage – at little or no extra cost to the tax payer.  The much larger ($trillions$) question remains how to keep up with good medical care and keep down costs. Both agree that incentives to physicians that promote the use of evidence-based practices – rather than fee-for-procedure would accomplish this.  However, both see this as a VERY long-term debate that will progress incrementally in the decades to come.  Certainly the health 2.0 movement will transform this conversation in the decades to come.

A welcome respite of scholarship and collegial respect amidst the rising demagoguery in the heartland.  Related posts here and here.

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Esther Dyson
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pointer to: Information technology investor and member of the pioneering “PGP-10” personal genome volunteer Esther Dyson has a great article on the Health 2.0 movement in – the mainstream of all mainstream media – the Financial Times.

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Passing the Wreckage
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Was sort of holding my breath with fingers and toes crossed these past few weeks, but now am given up.  Much like team Obama’s efforts to regulate the financial services industry (only slightly less of a clusterf**k than healthcare), its a slow motion trainwreck where the average taxpayer just ends up worseoff after all the political concessions.  Seems like the very folks who are most vocal are the ones who’d rather not change a thing.

This is my take on the doublespeak within the beltway:

BUSINESS: We are being crushed by rising healthcare costs.

INSURANCE: We only make a nickel on every $1 we pay out to doctors, and they are always raising their fees.

DOCTORS: We’re forced to treat the growing ranks of uninsured and must shoulder the burden when they cannot pay.

OK, so lets try to expand medicare and design a wider government managed plan…

BUSINESS: We can’t afford the higher taxes to pay for universal care and our employees don’t want to give up the plans they have.

INSURANCE: We don’t want to compete with the government-run plan since it will undercut ours.

DOCTORS:  We don’t want “evidence-based medicine” and to be told by the government what we can do and how much we can charge – we like our perverse incentives!

And don’t forget about Mr. and Mrs. middle-class USA who want top-o-the-line care but don’t want to pay more than they did in the 1960’s.

What a total bust. I think the Health 2.0 movement is doing something really interesting – outside the system – and also very key – something that can elevate the most needy, uninsured members of society to the forefront.

No more dwelling on the wreckage.  On to strategies that help.  More science & more Health 2.0!

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050527-N-7695R-006 New York City - Actor Joe P...
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Just discovered FORA.tv media channel – happened on this discussion with Joe Pantoliano on his advocacy for mental illness.

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Declaration Of Indepenence
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pointer to — Dr. John Grohol, the CEO and founder of Psych Central, has a great post “You have the right to your health data” and introduces the Declaration of Health Data Rights,  a simple statement of fundamental patient rights.  Check it out and endorse!

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HEALTHCARE FOR ALL
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Just a pointer to an amazing analysis on the politics of moving forward with a more comprehensive government sponsored healthcare option.  Sadly, but not surprisingly, the flow of lobbying funds predicts who will vote to maintain the status quo.

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There is no doubt that -omics and digital-bio is improving healthcare, IF, you’re NOT one of the 50 million uninsured human beings in America who lack health insurance. As a fan of all things free-and-open, bioinformatic and health2.0, I was glad to read Timothy Stoltzfus Jost ‘s new book, Health Care at Risk: A Critique of the Consumer-Driven Movement. A review of the historical and economic foundations of the so-called ‘consumer-driven healthcare’ movement which is well underway (supported by leading candidates from both parties), Jost unpacks inefficiencies inherent to both private insurance systems (adverse selection‘sick people need NOT apply’) and to public systems (moral hazard and demand inducement – ‘hey dude, pass the twinkies and cigarettes, – no worries, I’ll just rely on my free healthcare’). The main arguments, from Jost, that stuck with me, are that the consumer-directed system, as it stands today, is one that is skewed to address the moral hazard conundrum, and this is not likely to resolve much of the current economic crisis since healthcare spending is distributed very asymmetrically (a tiny fraction of very sick people account for most of spending). Indeed, Jost suggests the current consumer-directed healthcare movement (pass off the first $5,000 spending to the consumer) is likely to make matters worse before they get better. While sobering, the book may prompt a redoubling of the focus of the many free-and-open bioinformatic and health2.0 efforts working to enhance care and access for all.

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Health care for all protest outside health ins...
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I much enjoyed the recent article, “Do Not Ask or Do Not Answer” in the August 25th Economist. As genetic data begins to trickle into the hands of consumers, the debate on genetic privacy grows more intense. On the one hand, the article notes that the SRY gene has long been used to price insurance (its the gene that determines the male vs. female pathway during embryonic development – sorry males) and that a look at one’s parents and siblings gives a fairly decent sense of one’s genetic liabilities. On the other hand, the article notes a study showing that folks who find they carry a potent Alzheimer’s risk gene are more likely to purchase extra health insurance – thus out-gaming the insurance industry to their discontent. Both hands having acknowledged the disconnect, the article turns to the search for new financial strategies for the future when consumers possess detailed knowledge of their own genomes (speaking of which, take a moment to browse Jim Watson’s genome). Some of the solutions noted were a form of compulsory universal coverage where neither side can outgame the other, HSA’s where out-of-pocket expenses are paid from individual tax free investment account and other new business models such as provided by RedBrick Health where benefits are maximized by optimizing participants behavior. The science is moving fast. Will the health insurance markets keep up?

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If I may shill for the corporate medical industrial complex for a moment … I much enjoyed the video interviews found at the Corporate Research Group. Regina Herzlinger predicts universal coverage, but not a single-payer system – rather a system where consumers have choices. How to decide which plan to chose ???

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In, The New Financial Order, professor Robert Shiller offers an in-depth analysis of how finance can and should be used to improve the human condition. By appropriately adapting financial instruments with risk, the consequences of many of life’s sudden shocks (natural disaster, loss of job, health crisis etc.) are readily ameliorated. Although he does not cover health insurance directly, his suggestions on how to better manage other types of risk point to an alternative viewpoint … away from the polarized “universal coverage” vs. “consumer-driven private coverage” debate. New bioinformatic strategies for managing health risk could readily be linked to financial instruments that more efficiently provide buffering to the economic consequences of illness.

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