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Tag Archives: medical technology and innovation
Health “reform” vs. medical technology & innovation
From a new Cato Institute policy analysis, Bending the Productivity Curve: Why America Leads the World in Medical Innovation: The health care issues commonly considered most important today — controlling costs and covering the uninsured — arguably should be regarded … Continue reading
Health care bill punishes medical device innovation
Jeff Scialabba at the Ayn Rand Institute has written a two-part blog post on how HR 3962 would punish medical innovation. Part one is about the benefits of medical devices and the cost of bringing them to market. It begins: … Continue reading
Should we expect the same treatment as professional athletes?
Writes Arnold Kling at EconLog (emphasis added): Both the private health insurance industry and the music industry are operating business models that to me appear to be unsustainable and anachronistic. The music industry developed in a world of vinyl records. … Continue reading
Posted in physicians & medical quality
Tagged choice, medical technology and innovation, quality
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Would President Obama kill drug development?
He would, suggests Charles Hooper at Forbes.com. Some selections: Say a biotech company is developing a new drug for breast cancer. My consulting firm, Objective Insights, looks at the financial value of the project. If the expected value–probability-adjusted value–of the … Continue reading
Posted in prescription drugs
Tagged FDA, health care in England, medical technology and innovation
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Health 2.0
Last week’s latest Health Wonk Review links in a post about “Health 2.0,” and its use in clinical cancer trials: The traditional meaning of Health 2.0, according to Jane Sarasohn-Kahn’s “Wisdom of Patients” has been the use of social software and … Continue reading
Kling on health care delivery
Arnold Kling has written an insightful article on health care delivery at The American: As an economist who has studied healthcare, I am familiar with the statistical evidence that America’s system is inefficient. However, my father’s recent hospitalization and death … Continue reading
Does medical technology increase insurance costs?
Do advances in medical technology drive up insurance premiums? If so, why don’t advances in technology increase costs of other products? Last Thursday the Rocky Mountain News reported that “Employers’ health insurance costs this year have climbed 12 percent above … Continue reading