Shopping for medical care, like reducing food waste, or understanding the adage that half of advertising is wasted*, is an exercise that first starts with disbelief (and even outrage), but a closer look keeps you grounded in reality. Simple observations are cheap. Some key findings and structural limits can guide us through why price transparency … Continue reading What is Medical Price Transparency Worth?
I have a case study of a perfect stock trade where I made 3x my money in three years. It had it all: Mr. Market offered a discount relative to growth and earnings power. I had an analytical edge, plus the temperament of a monk. It was also a micro-cap company where the markets are … Continue reading On Case Studies
There is an oft-cited study from Fidelity on healthcare savings needed in retirement for the average couple: $275,000 in today's dollars. This assumes the actuarial tables grant you both around 20 years of runway, you have original Medicare, and you retiree at 65. That comes to $1,100 per month per couple (here I assume the … Continue reading Average vs. Median
What do vendors say about Health Savings Accounts (the triple-tax savings accounts, or the 401k+ of healthcare) and how they're promoted by the brokers and consultants? These often decide which vendor is chosen amidst the fragmented market for the 20M+ Americans who have these accounts. Optum (UHC): We're No. 1. UMB Financial: “Healthcare solutions that … Continue reading Health Savings Accounts And Promotion