Tag Archives: life expectancy

Hong Kong’s Health Care System Is Number One

Among developed countries, Hong Kong is so far out in front there isn’t even a close second. Or at least it would be if (a) it were still an independent country and (b) I used the measuring rods commonly used by critics of the US system, including the Commonwealth Fund, the World Health Organization, SiCKO and the Mercer/BRT study described below.

Why does Hong Kong rate so high? Because:

  • It has the lowest infant mortality rate in the whole world and the second highest life expectancy rates; and
  • At 5.2% of GDP, its health care spending is about half of the OECD average.

Also, all medical students are trained to use electronic medical records and, at least in the public hospitals, they actually use them.

So why aren’t we hearing about Hong Kong from Michael Moore, Hillary Clinton, Barack Obama and all the other critics of American health care? Maybe because Hong Kong has (a) one of the smallest public sectors (government spends only 55% of the total), (b) very little health insurance (only 12% of spending) and (c) the highest amount of out-of-pocket spending among developed countries (one out of every three dollars). Continue reading Hong Kong’s Health Care System Is Number One

Benefits of New Pharmaceuticals Exceed their Costs

In "Pharmaceutical Innovation and the Longevity of Australians: A First Look," co-authors Frank Lichtenberg and Gautier Duflos find that the benefits of new pharmaceuticals significantly exceed their costs. Using 1995-2003 data on actual prescriptions from the set of about 700 drugs available under the Australian Pharmaceutical Benefits Scheme (PBS), they estimate that newer drugs increase life expectancy by 1.23 years. The cost per life-year gained from using newer drugs is $10,585. Continue reading Benefits of New Pharmaceuticals Exceed their Costs

AARP’s 40 Questions

After you answer the questions — which takes just a few minutes — it spits out your calendar age, your biological age and your life expectancy; and a fourth category called "your Blue Zone years," (the difference between your calendar age and your biological age) which is basically years accrued or taken off because of your lifestyle habits and overall health. [link]

Drug Price Controls are Hazardous to Your Health

This is from a RAND study:

We found policies that [cut drug company revenues by 20 percent] could result in modest savings for consumers, in the best cases on the order of $5,000 to $10,000 per person over a lifetime.

In many other cases, those policies resulted in very substantial losses to consumers in the form of reduced life expectancy and those would be worth tens of thousands of dollars.

We found longevity declines on the order of about a half of year for people at the age of 55 when you look out to people who are alive in 2050 and 2060.

Who Lives? Who Dies?

This is from a presentation by Congressional Budget Office (CBO) Director Peter Orszag:

  • In 1980, life expectancy at birth was 2.8 years more for the highest socioeconomic group than for the lowest. By 2000, that gap had risen to 4.5 years.
  • That growing differential by level of educational attainment has occurred for both men and women and for both blacks and whites.
  • Differing rates of mortality from heart disease and cancers (excluding lung cancer) – possibly related to obesity and other lifestyle differences – have been the largest contributor to the growing disparities in life expectancy by educational attainment.
  • Two other diseases related to smoking-lung cancer and chronic obstructive pulmonary disease-have added to that differential.