Health care costs and health insurance

Tuesday, June 9th, 2009

Direct-purchase insurance is when the patient buys it directly from the insurance company, rather than through an employer. How can this help bring down the cost of medical care?  Linda Gorman explains in her latest article at the Library of Economics and Liberty: Direct-purchase coverage is owned by an individual. Premiums ...

Czech medical care no longer “free”

Tuesday, May 27th, 2008

From Sunday's New York Times: In the Czech Republic, you can now see a doctor for about $1.85. A day in the hospital can verge on $4. This is not cause for celebration. For Czechs, who visit their doctors more often than anyone else in Europe, it has led to great outrage. ...

Does medical technology increase insurance costs?

Monday, May 19th, 2008

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 2007 levels in Colorado and Wyoming." The article paraphrases Jim Hertel, ...