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Being uninsured increases the risk of mortality, while one-third of Americans face rationing of care and unnecessary medical procedures. Explore the impact of market forces and Medicare privatization on healthcare disparities.
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Dr. Woolhandler has no financial conflicts of interest to report
Being Uninsured Increases The Risk of Dying by Between 3% and 41%
Many Specialists Won’t See Kids With Medicaid Bisgaier J, Rhodes KV. N Engl J Med 2011;364:2324-2333
Rationing • One third of Americans are uninsured or underinsured • They are often denied care • They are sicker and die younger than the affluent and well insured
How Market Force Shaped Which Hospitals Opened New Invasive Cardiology Programs Between 1996 and 2014 A competing hospital opening a program was a strong predictor of opening a new program. For-profit ownership was a strong predictor. Being a non-profit in a market dominated by for-profits was also a predictor. Lack of service availability in the community was a weak predictor. Source: NBER Working Paper W23530 - June, 2017 – N = ~315
Rationing a Surplus 100s of 1000s of unnecessary procedures Excess capacity (for well-reimbursed services) Excess high-tech equipment Ubiquitous low-value/no-value care
Medicare Privatization Increases Inequality, Costs and Profiteering