health
The Elasticity of Pharmaceutical Innovation
That is the title of a new USC white paper by Darren Filson, Karen Van Nuys, Darius Lakdawalla and Dana Goldman with the subtitle “ How Much Does Rev…
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Number of US caregivers increases form 18 to 24 million
That is according to a paper by Wolff et al. (2025) . They use 2011-2022 data from the National Health and Aging Trends Study ( NHATS ) linked to dat…
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NHS England will be abolished
As reported by the BBC : NHS England will be abolished and brought under “democratic control” in an attempt to cut bureaucracy and duplication, Sir…
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health
What is the Critical Medicines Act?
On Tuesday (11 March 2025) the European Commission presented the draft of its new Critical Medicines Act (CMA) . The Science Media Centre España wri…
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health
Why are U.S. healthcare costs so high?
The Incidental Economist website has a helpful explainer video. The truth is that higher cost is due to both higher prices and more utilization of h…
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health
Do US commercial payers consider HTA and economic evidence when making coverage decisions?
That is the question asked in a new paper by Enright, et al. (2025) . The authors use the Tufts Medical Center Specialty Drug Evidence and Coverage (…
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Links
Can LLM experience anxiety ? Impact of economic shocks on infant health . The advent of managed long-term services and home care. “Nothing would…
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Calculating Social Vulnerability Index by ZIP Code
A paper by Ng, Zhang and Kowal (2025) use the American Community Survey (ACS) data from 2016–2022 were used to construct Social Vulnerability Index …
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Value-Based Pricing for Drugs With Uncertain Clinical Benefits
This is the title of a recent paper by Jiao et al. (2025) . Previous studies (e.g., Goldman et al. 2013 , Goldman et al. 2023 ) have argued for a 3-p…
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About face for RFK Jr. on MMR vaccine?
Last month, I noted that the decrease in vaccination rates has likely resulted in increased rates of measles in Texas and around the US. With measl…
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health
The value of knowing is not always positive
An interesting article by Ciancio et al. (2025) which examines the impact of learning one has HIV when no treatment is available. When there is no…
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Links
Sarah Emond on Prescription for Better Access . “ Nothing will have more impact on workers’ comp than significant cuts to Medicaid .” “So one can…
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More evidence that there are diminishing marginal returns to quality of life gains
Quality-adjusted life years (QALYs) are commonly used to evaluate the impact of new medical technologies on patient mortality and morbidity. However,…
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health
Quotation of the Day
There is nothing so useless as doing efficiently that which should not be done at all. Peter Drucker
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health
What is Project IDEATE?
How best can you design an outcomes based agreement (OBA)? What are the key factors to consider? Project IDEATE is a “cross-disciplinary collaboratio…
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Can the NIH replace all private sector clinical R&D?
A paper by Proudman et al. (2024) finds that doing so would be extremely expensive. Including all preclinical, clinical and post-approval R&D …
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health
Vaccine choice = more measles infection
Texas is moving to allow for more freedom of choice with respect to receipt of vaccines. The Economist reports : Texas legislators meeting in Aust…
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Healthcare Economist named a top 100 Economics blog
In Feedspot’s 2025 rankings, Healthcare Economist was once again ranked in the top 100 economics blog (#44). I was also ranked as the #4 top health…
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health
LLM in HEOR: An evaluation framework
Health economics and outcomes research has already started to use AI tools such as large language models (LLM) across a diverse set of study types, i…
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health
Why don’t more people take up public services for which they are eligible?
One reason are the administrative obstacles and frictions that eligible individuals have to overcome to receive the public services. A paper by Herd …
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