Tag Archives: Economics

Tennessee Doctor Rejects Patient

Would you give a total stranger your social security number, your driver’s license, date of birth and insurance information? That’s what you’re doing when you go to any Tennessee doctor’s office. My answer, when they ask, “Honey, if you don’t …

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Posted in Business and Medicine, Common Sense Health Care Solutions, Free market medicine, Health Insurance, Health Law and Legislation, Patient Privacy Tagged , , , , , , , , , , , |

Canadians Say Capitalism is Cure for Obamacare

All we need to do is look to our northern neighbors to see the future of healthcare in the United States under Obamacare. Long wait times for procedures, rationing, and people dying while waiting for life saving treatments are all …

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Posted in Business and Medicine, Canadian Healthcare, Common Sense Health Care Solutions, Cost of Health Care, Free market medicine, Health Care Innovation, Health Care News, Health Care Reform, Health Care Repeal, Health Care Taxes, Health Law and Legislation, Insurance, Medical Tourism, Medical Travel, Obamacare, Politics Tagged , , , , , , , , , , , , , , , , |

Lack of Airline Transparency is Criminal Behavior

by Keith Smith, MD Quoting from Joan Lowy’s Associated Press article on airline fees: “But as many airlines offer a proliferating list of add-on services, from early boarding to premium seating and baggage fees, the ability to comparison-shop for the …

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Posted in Business and Medicine, Common Sense Health Care Solutions, Cost of Health Care, Economics, Free market medicine, Health Care News, Insurance, Medical Tourism, Medical Travel Tagged , , , , , , , , , , , , , , , |

Residual Claimant: The Importance of Ownership

by Rick Weber “Residual claimant” is basically just econ-speak for owner, but it captures something about the important role they play in a productive economy. Put simply, a residual claimant is someone who takes responsibility for the use of resources …

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Posted in Business and Medicine, Cost of Health Care, Economics, Free market medicine, Hospital Management, Incentives matter Tagged , , , , , , , , |

GUNvernment Health Care

by G. Keith Smith, MD I am not an economist.  I consider myself a student of the school of economics sometimes referred to as the “Austrian” school.   Having said this, it is with some uncertainty that I write the following piece.  …

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Posted in Business and Medicine, Common Sense Health Care Solutions, Cost of Health Care, Economics, Free market medicine, Health Care News, Health Care Reform, Health Care Repeal, Health Care Taxes, Healthcare Exhange, Insurance, Medical Tourism, Medical Travel, Obamacare, Politics Tagged , , , , , , , , , , , , |

The World of Health Care Pricing

http://www.marketplace.org/topics/life/health-care/world-health-care-pricing What’s amazing to me about this is the emphasis on relative prices. Here’s why: Prices reflect relative scarcity. Hayek uses the example of tin; let me modify his example and use doctors instead. Each doctor has a particular set …

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Posted in Business and Medicine, Common Sense Health Care Solutions, Cost of Health Care, Economics, Employer Health Plan, Free market medicine, Health Care News, Hospital Bills, Incentives matter, Insurance, Medical Tourism, Medical Travel Tagged , , , , , , , , , , , , , , , |

Retail Therapy: Shopping is Good for Your Health

By Helen Briggs Health reporter, BBC News Shopping prolongs life, at least for the over 65s in Taiwan, according to research. Even after adjusting for factors like physical and mental infirmity, men and women who shopped daily lived longer than …

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Posted in Business and Medicine, Common Sense Health Care Solutions, Free market medicine, Health (taking care of yourself), Health Care News, Medical Tourism, Medical Travel Tagged , , , , , , , , , , , , |

Economic Freedom

Economic Freedom by Rick Weber The latest Economic Freedom of the World Report was released today and the results are shocking (especially for those of us who are in the United States as immigrants). The United States ranks 18th as …

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Posted in Economics, Medical Tourism, News, Politics Tagged , , , , , , , , , , , |

Who pays for the coming Health care law’s tax hikes

The upper and middle class will take the hit come tax day, as most of the lower class don’t have enough income to need to file taxes.  April 15 will not be the only time the Obamacare tax is applied.  …

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Posted in Business and Medicine, Cost of Health Care, Economics, Employer Health Plan, Free market medicine, Health Care News, Health Care Reform, Health Care Repeal, Health Care Taxes, Health Law and Legislation, Insurance, Obamacare, Politics, Tax Increases Tagged , , , , , , , , , , |

Matt Kibbe FreePAC speech

President and CEO of FreedomWorks Matt Kibbe gets the crowd riled up at Freepac in Dallas, Texas

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Posted in Economics, Medibid Television Tagged , , , , , , , |