The Institute of Medicine estimated that waste consumed 30 percent of US health dollars in 2009. Donald M. Berwick and Andrew D. Hackbarth, working from a 2011 baseline, pegged the midpoint of reasonable waste estimates even higher, at 34 percent. A crude extrapolation of these figures, given the steady rise in overall health expenditures, implies that wasted spending now comfortably exceeds $1 trillion annually (see Exhibit 1), a sum that could fund the entire Medicaid program twice over.
The Health Policy Skeptic
Using evidence to improve health policy
Most Recent Posts- The Future of the Affordable Care Act – National Constitution Center
- If The Court Strikes Down Obamacare, How Bad Would That Be? – Goodman Institute for Public Policy Research
- What Happens if Obamacare Is Struck Down? – The New York Times
- Understanding ‘wage theft’: Evasion and avoidance responses to minimum wage increases – AEI
- Public Stock Ownership by Giacomo Corneo :: SSRN
- AEI Event | E-cigarette regulation: Teens and trade-offs Remarks from Iowa Attorney General Tom Miller
- Brookings/USC Event | Emerging policy solutions to surprise medical bills
- AEI Event | Sense and severability: If one part of the Affordable Care Act is ruled unconstitutional, what is the proper remedy or resolution?
- The unanswered questions of Medicare for All – AEI
- The impact of financial incentives on health and health care: Evidence from a large wellness program – Einav – 2019 – Health Economics – Wiley Online Library
- SeaTE: Subjective ex ante Treatment Effect of Health on Retirement by Pamela Giustinelli, Matthew D. Shapiro :: SSRN
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- After All These Years, Lochner Was Not Crazy — It Was Good by Randy E. Barnett :: SSRN
- Medical-Legal Partnerships and Mental Health: Qualitative Evidence that Integrating Legal Services and Health Care Improves Family Well-Being by Dayna Bowen Matthew :: SSRN
- No-Fault (Strict) Liability for Injuries From Innovative Treatments: Fairness or Also Efficiency by Tsachi Keren-Paz :: SSRN
- Public Housing and Public Health: The Separate and Unequal Protection of Private and Public Housing Tenants’ Health in New York City by Justin R. La Mort :: SSRN
- Hospital Readmissions Reduction Program Does Not Provide the Right Incentives: Issues and Remedies by Kenan Arifoglu, Hang Ren, Tolga Tezcan :: SSRN
- Hemp in the United States: A Case Study of Regulatory Path Dependency by Trey Malone, Kevin D. Gomez :: SSRN
- Social Security Administration Payments to State Vocational Rehabilitation Agencies for Disability Program Beneficiaries Who Work: Evidence from Linked Administrative Data by Jody Schimmel, Paul O’Leary :: SSRN
- Prices for Medical Services Vary Within Hospitals, But Vary More Across Them by Nathan Wilson, Ted Rosenbaum, Matthew Panhans :: SSRN
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