March 27, 2023
This is the question posed in the article. Baker, Larker & Van (2022). Below I summarize their main arguments. Validity…[the DiD]…the approach is based on the central assumption that the observed trend in outcomes for control units mimics the trend in outcomes for treatment units if they had not received treatment. As the authors write:
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A Health Issues article Di Giorgio (2023) claims that the 340B has outlived itself. He wrote: By requiring pharmaceutical companies to provide a large discount to covered entities, most of which are hospitals with a disproportionate share or critical access, program 340V was intended to provide a financial buffer for
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Some disturbing statistics released recently Wolf et al (2023) using Date CDC WONDER: Between 2019 and 2020, the all-cause mortality rate for ages 1-19 increased by 10.7%, and between 2020 and 2022 it increased by another 8.3%. progress in reducing child mortality. While most of the increase in child mortality
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Offshoring is when the production of American companies takes place in other places. Onshoring is when at least some of the products that were produced abroad are moved back to the United States. French shoring is when countries decide, based on policy, that they will focus on trading with friendly countries. The idea of friend-shoring
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Economist AN is optimistic about the recovery of foreign direct investment (FDI) in the Philippines, given the ongoing recovery of the domestic economy. Bangko Sentral ng Pilipinas (BSP) reported on Friday a 23.2% decline in net FDI inflows to $9.2 billion in 2022 compared to the previous year and a 76.2% drop in net inflows
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The failure of the Silicon Valley bank strikes me as a colossal failure of banking regulation, and it is instructive how rotten the whole building is. I am writing this post in an inquisitive spirit. I don’t know the details of how the SVB was regulated and I hope some readers do and can join
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An interesting article from Zidane, Simon and Wing (2023): The decline in healthcare consumption early in the pandemic provides insight into the underlying economic issues of waste and productivity in the US healthcare system. Using linked mortality and electronic health records, we compare people who had scheduled outpatient appointments for
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FDA The Generic Drug Administration has released its 2022 annual report.. Generic drugs play a vital role in saving patients and payers money. For example, pregabalin capsules cost $450 for a 30-day supply at the end of the market exclusivity period, but the price dropped to $23 (a 95% reduction)
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Beginning with the Great Recession of 2007–2009, the Fed began a policy of “quantitative easing” in which the Fed held a significant amount of financial assets such as U.S. Treasury bonds and government-guaranteed mortgage debt. The problem at the time was that the Fed had cut interest rates to near zero. The idea was that
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Previously, CMS used Tukey’s outlier removal method to calculate Medicare Advantage (MA) and Medicare Part D prescription drug plans (PDP) star ratings. However, the final rule introduced in 2022 removed Tukey’s use of removing outliers from quality scores. Based on historical data for 2020 17% of MA plans will have a lower star rating compared
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