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Learning Pricing from the Airline Industry

Source: Kevin Dooley (Flickr/CC) Traveling by air during the 1950s and 1960s during the Golden Age of Flying was different from what most of us are used to today. Lavish layouts, complimentary drinks, and exorbitant ticket prices made air travel for [...]

February 23, 2015 // 0 Comments

Arming the informed consumer

In most sectors of the economy, the more you pay, the higher quality you get. Medical diagnostics and imaging are an exception to this rule, with some tests priced at 10 times the cost of other facilities in the same region with no difference in [...]

November 3, 2014 // 1 Comment

To switch or not to switch?

Very few Medicare Part D enrollees switch plans each year even though doing so could save them money. The Kaiser Family Foundation recently released an issue brief discussing the occurrence of prescription drug plan switching among Medicare Part D [...]

December 9, 2013 // 0 Comments

Variation in Private Insurance Payments

Health insurers pay vastly different sums for the care they purchase based largely on geography. Understanding payment variation in health care services is essential to improving quality and reducing costs. Yet, few studies have examined price [...]

September 23, 2013 // 0 Comments

Hospitals Immune to Recession

Hospital prices continued to climb during the Great Recession. The unanswered question, however, is why? As the stock market fell to begin the Great Recession, hospital charges to patients and insurance companies rose.  A recent article in the [...]

April 22, 2013 // 0 Comments

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