Monday, August 31, 2009
My Suburban Life
I don't know why I recorded this, but I am certianly glad I did. This is a telephone conversation between Staci and myself, and we have a conversation like this about once per day. For those who don't know, any reference to "the account" is probably an envelope designated for "grocery" and we are pretty meticulous about keeping that straight. We have other enveleopes to. Also, I was getting our screen replaced that Bella jumped out of eariler this summer, at the Do It Center (local hardware store). I love my life, and here is a snapshot into it.
Sunday, August 23, 2009
Heath care Debate
There is no doubt that if you're reading this, you know of the debate that is taking place all across the country that centers around the issue of health care. This was one of President Obama's promises while campaigning, that he would reform health care. There are quite a few areas that are being looked at nationally, and I'm going to look at a few of them here.
The first topic we should look at is whether or not there should be reform. Lets call reform change, because reform sounds to me like Washington mandating something, and change can come from anywhere. I am of the opinion that there needs to be change. We in America spend way to much on health care as a dollar amount and as a percentage of GDP (Kudos Planet Money). This makes sense, because we have the most disposable income, after food, clothing, housing, etc. We also have the best health care system in the world. We have the best doctors, and the best hospitals, but for some reason we need reform/change.
The first topic we should look at is whether or not there should be reform. Lets call reform change, because reform sounds to me like Washington mandating something, and change can come from anywhere. I am of the opinion that there needs to be change. We in America spend way to much on health care as a dollar amount and as a percentage of GDP (Kudos Planet Money). This makes sense, because we have the most disposable income, after food, clothing, housing, etc. We also have the best health care system in the world. We have the best doctors, and the best hospitals, but for some reason we need reform/change.
For all the money we spend we aren't the most healthy people. Nearly 2/3 of American Adults are overweight or obese. We don't have the longest life expectancy, which I would hope for, since we are spending the most money per person (by a lot). Therefore, we must have inefficiencies. Lets explore some of these.
Medical technology is great, but expensive. From anecdotal experience however, "best" technology may not be the most VALUable. (emphasis on value) One test may offer the best results, but if it costs 3 times the next option does the extra value pay off for the cost? This is not always taken into consideration. Here is why...
There is a gap of knowledge between the service providers and the patients. When my doctor comes in and makes a recommendation I really have to trust it. They are probably suggesting what they think is best, but do they consider what is the best value?
The second gap is from the doctors to the office manager, or whoever charges the invoices and bills the patients. Most doctors do not know exactly what a procedure, or a perscription costs so while they are perscribing what is in their opinion best, it may not be the best value. I know I keep bringing up that phrase value, but that is because in every other economic decision we make we consider what we are getting for our money before make the purchase. This is not always true in medicine.
The third gap is from the office manager to the patients. I know I have had procedures done and not known what they cost before I recieved the service. For example, I was rushed to a hospital for a phantom head injury. As it turns out, I probably didn't need an ambulance. At the end of the day the bill was north of 10,000! Had I known it would be that much for the ride in the big truck I would have just got a limo, and it would have been around $200. But seriously, if I would have known how expensive that adventure was going to be, I would have looked for another alternative.
The fourth gap is from the people paying for the serivce and the people recieving the service. Contrary to what you may have heard on the news, most Americans have insurance. We pay some out of pocket but for any serious event an insurance company picks up the rest. For most people, after the first 3-5k we pay a small percentage of the rest of the bill. This is a bit like when little Susie has daddy's credit card at the mall. The shoes are a NEED when she spending someone else's money.
These are the 4 main areas I see as a big part of the problem. The system we have now does not appropriately allow price to adjust our decisions.
I don't know how to fix the system, but I do agree we need change. However, if I can make a recomendation, it would be that we try and find a way to close these 4 information gaps between the parties involved.
Thursday, August 20, 2009
Weekend Project
I have a few projects this weekend. One is to paint the garage. This is not my choice, the garage is a garage, it is finished w/ drywall and that's good enough. I'll let you guess who's idea it is (bella). 2 is to do a podcast or blog on what I see is the issue w/ healthcare. This will be a full length production probably 10-15 minutes or a full page blog. I'm not sure what will work better.... please stay tuned.
Tuesday, August 11, 2009
Cops
Good Lord, Cops in HD. It's absolutely a terrifying experience. Cops was an experience in 480i, but in 720p it can make your stomach turn.
Sunday, August 09, 2009
Friday, August 07, 2009
My First Podcast
It's only 2 minutes long, so don't act like its some sort of inconvenience. Just click the title to listen.
Saturday, August 01, 2009
This is super!
This is from a behavioral economics blog called nudge.
http://nudges.wordpress.com/2009/07/31/strange-human-behavior-bank-edition/
Reader David Campbell sends along a fascinating story about human habits and attention. Safe to say, no econ would make this mistake.
Several years ago, Campbell consulted on a highway widening project in Atlanta. To make room for the new lanes, a bank branch had to be demolished.
Approximately 90 days prior to the demolition of the branch location, all the customers who banked at that location were notified in writing as to what would be occurring and were advised as to the location of a nearby branch that would be handling their accounts. Several large notices were also posted at the branch containing the same information. Follow-up written notices were also sent to the customers 60 days and 30 days prior to the closing. All the branch officers and tellers were constantly reminding people of the upcoming event.
Finally the day of closing arrived. The last customer left the bank, the doors were locked and a large sign at the entrance to the parking lot clearly stated that fact. The next day the wrecking crew moved in and began the demolition. Case Closed? WRONG!
Roughly 45 days after the closing I received a call from the officer of the bank I had been working with. I could almost see the tears in his eyes, he was laughing so hard when he said, “David, I know you aren’t going to believe me, but I promise that I’m not making this up.”
Apparently, about ten days after the bank was demolished and all the bank signs and other identification had been removed from the site, the bank started receiving a trickle of calls from its customers complaining that something was wrong with their accounts. As time moved on the situation worsened, but it wasn’t until someone actually went out to the site that now contained a non-existent building was the problem solved.
The only thing that remained on the site was the bank vault. The vault had been duly cleaned out at the time of closing, but the structure itself could not be removed by conventional means and required that it be jack hammered apart. The rear wall of the vault also housed the drop box for the night depository. Although the depository was checked and cleaned out at the time of closing, it never occurred to anyone to seal the depository slot. For approximately 45 days the carefully trained employees of nearby businesses had been doing as instructed and were dropping the day’s cash receipts into the night depository.
The building was gone. The bank signs were gone. Most of the parking lot was gone. The sidewalks and drive-thru lines were gone. To make a deposit required that a person park his car and walk about 30 feet over a dirt path. When the bank official opened the night depository box, he found over $250,000 in cash. Fortunately it never occurred to the local bank robbers that people could be that dumb. The bank vault door had been removed in the demolition as had all the bank security systems, and the night depository inside the vault could be opened with a crow bar.
Campbell asks fellow Nudge readers: Can anyone top this story?
Posted in Blog posts Tagged: bank
http://nudges.wordpress.com/2009/07/31/strange-human-behavior-bank-edition/
Reader David Campbell sends along a fascinating story about human habits and attention. Safe to say, no econ would make this mistake.
Several years ago, Campbell consulted on a highway widening project in Atlanta. To make room for the new lanes, a bank branch had to be demolished.
Approximately 90 days prior to the demolition of the branch location, all the customers who banked at that location were notified in writing as to what would be occurring and were advised as to the location of a nearby branch that would be handling their accounts. Several large notices were also posted at the branch containing the same information. Follow-up written notices were also sent to the customers 60 days and 30 days prior to the closing. All the branch officers and tellers were constantly reminding people of the upcoming event.
Finally the day of closing arrived. The last customer left the bank, the doors were locked and a large sign at the entrance to the parking lot clearly stated that fact. The next day the wrecking crew moved in and began the demolition. Case Closed? WRONG!
Roughly 45 days after the closing I received a call from the officer of the bank I had been working with. I could almost see the tears in his eyes, he was laughing so hard when he said, “David, I know you aren’t going to believe me, but I promise that I’m not making this up.”
Apparently, about ten days after the bank was demolished and all the bank signs and other identification had been removed from the site, the bank started receiving a trickle of calls from its customers complaining that something was wrong with their accounts. As time moved on the situation worsened, but it wasn’t until someone actually went out to the site that now contained a non-existent building was the problem solved.
The only thing that remained on the site was the bank vault. The vault had been duly cleaned out at the time of closing, but the structure itself could not be removed by conventional means and required that it be jack hammered apart. The rear wall of the vault also housed the drop box for the night depository. Although the depository was checked and cleaned out at the time of closing, it never occurred to anyone to seal the depository slot. For approximately 45 days the carefully trained employees of nearby businesses had been doing as instructed and were dropping the day’s cash receipts into the night depository.
The building was gone. The bank signs were gone. Most of the parking lot was gone. The sidewalks and drive-thru lines were gone. To make a deposit required that a person park his car and walk about 30 feet over a dirt path. When the bank official opened the night depository box, he found over $250,000 in cash. Fortunately it never occurred to the local bank robbers that people could be that dumb. The bank vault door had been removed in the demolition as had all the bank security systems, and the night depository inside the vault could be opened with a crow bar.
Campbell asks fellow Nudge readers: Can anyone top this story?
Posted in Blog posts Tagged: bank
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