Prof. Uwe E. Reinhardt Ph.D.
June 2012: 'With so little pricing information available, expecting people to shop around for quality care at the lowest cost — something that’s not always possible in emergency situations — is also asking a lot of consumers. “I have always found a bit cruel the much-mouthed suggestion that patients should have ‘more skin in the game’ and ‘shop around for cost-effective health care’ in the health care market,” said Uwe E. Reinhardt, a health policy expert and professor at Princeton University, “when patients have so little information easily available on prices and quality to those things.”'http://www.nytimes.com/2012/06/23/your-money/health-insurance/navigating-the-labyrinth-of-medical-costs-your-money.html
May 2007: "Meanwhile, the higher tolls will take a big bite out of lower-income people's wallets. 'You have to ask yourself if you want roads that used to be considered a public service to be rationed by income class,' says Princeton University economics professor Uwe E. Reinhardt."http://www.businessweek.com/magazine/content/07_19/b4033001.htm
Role Name Type Last Updated Employee/Freelancer/Contractor (past or present) Princeton University Organization Apr 28, 2007
Articles and Resources
Date Fairness.com Resource Read it at: Jun 22, 2012 Getting Lost in the Labyrinth of Medical Bills
QUOTE: With the exception of Medicare and Medicaid, experts say, the amount paid for services — or the price your insurers pay — is based on the market power of the insurance company on the one side and the hospitals and providers on the other, and the reimbursement agreements they ultimately reach. So large insurers that command a lot of market power may be able to negotiate lower rates than smaller companies with less influence.
New York Times Oct 09, 2009 Should Medicare Benefits Start Later in Life? (Economix)
QUOTE: Instead of heeding the frightening messages emanating from self-styled “protectors” of Medicare, such as Ms. [Betsy] McCaughey, the elderly might search their souls on the moral platform for the political economy of sharing in a civilized society.
New York Times May 22, 2007 Film Offers New Talking Points in Health Care Debate
QUOTE: Few of them may become Michael Moore fans. But some insurance industry officials and health policy experts acknowledged yesterday that the film documentary “Sicko,” Mr. Moore’s indictment of health care in this country, taps into widespread public concern that the system does not work for millions of Americans.
New York Times May 07, 2007 Roads to Riches: Why investors are clamoring to take over America's highways, bridges, and airports—and why the public should be nervous
QUOTE: There are some advantages to private control of roads, utilities, lotteries, parking garages, water systems, airports, and other properties .... But are investors getting an even better deal? .... The aggressive toll hikes embedded in deals all but guarantee pain for lower-income citizens—and enormous profits for the buyers.
BusinessWeek Apr 12, 2006 Comparison of Schizophrenia Drugs Often Favors Firm Funding Study
QUOTE: Pharmaceutical giant Eli Lilly and Co. recently funded five studies that compared its antipsychotic drug Zyprexa with ... a competing drug ... All five showed Zyprexa was superior in treating schizophrenia...when psychiatrist John Davis analyzed every publicly available trial funded by the pharmaceutical industry pitting five new antipsychotic drugs against one another, nine in 10 showed that the best drug was the one made by the company funding the study.
Washington Post Jun 27, 2004 Killer Billing Errors: Duplicate Charges. Faulty Totals. Your Hospital's Mistakes Can Ruin You
QUOTE: "Shame on the insurance company for paying a bill immediately, apparently without understanding what they were paying for. . . . And how can the hospital be charging these insane amounts and giving lame excuses about codes?
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