Last August, the Director of the Congressional Budget Office (CBO), Douglas W. Elmendorf, sent a letter to Congress informing them that most preventative health interventions tend to expand utilization of services with costs that far exceed the eventual cost savings due to avoiding disease or detecting it earlier. In other words, he reported that prevention [...]
Posts Tagged ‘Wood Economy’
Medicare limits reimbursement for healthcare procedures, often below the cost of delivery of these procedures. Not surprisingly, healthcare providers figure out ways to compensate for these price controls. They may, for example, bundle other, profitable services with those that they are forced to provide at a loss to get the overall profit margin to be [...]
The debate in Washington seems stuck in partisan positioning and sound bites. We have lost track of the fundamental objectives that need to be pursued. I think the overarching objective should be quite simple – we want a healthy, educated, and productive population that is competitive in the global marketplace.
We do not really want the [...]
Last Wednesday, I was at the White Mountain School in Bethlehem, NH. The invited lecturer in earth sciences was Mariko Yamasaki of the USDA Northern Research Station at Bartlett, NH. She noted that all the forests in New England “from the notches south” have grown over the past 150 years. Before that, from 1620 to [...]