Author: Michael Bertaut
Healthcare Economist Michael Bertaut (BURR-toe) is a Certified Health Consultant and Professional of the Academy of Healthcare Management. He has more than 30 years of analytical experience in the healthcare, telecom and retail industry sectors. On the ground in D.C. when the healthcare reform law (PPACA) was written, Michael has taken part in more than 1,100 public discussions on healthcare costs and the impact of reform since 2009. Mike is a fellow of the Academy of Applied Politics at Louisiana State University, and author of this Hermes Award winning healthcare blog. Michael earned his MBA and BA from Louisiana State University and just celebrated his 35th year as a cancer survivor. Michael is recognized as a national commentator on healthcare reform, quoted in the Washington Post, Chicago Tribune, and state and local publications. He is a regular guest on the Talk Louisiana radio show.

Category: Cost of Healthcare, Health Insurance

Can You Afford Your Miracle?

There is no doubt that the advancement of medical technology is a very expensive business. Research into new drugs by the 10 biggest drug companies in 2013, for example, exceeded $66 billion in brand-new spending. That’s a whole lot of money that their investors and shareholders are willing to risk for the NEXT big drug. And this level of investment has actually been growing for about 20 years straight — even more so lately, as global capital is chasing its way into the United States looking for a strong return. A really strong target for this capital is the U.S. pharmaceutical industry.

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Category: Cost of Healthcare, Health Insurance

WHY YOU NEED US TO KEEP A STRONG SAFETY NET

The trickle started slowly, with just a couple of relatives.

On Aug. 28, 2005, I, my wife and our three kids began to get some company. First, we had the five of us plus a mother-in-law. Then, my brother-in-law, his wife and two more kids came to stay. Then, the brother-in-law’s wife’s sister, her husband and her grandmother showed up. Then, the brother-in-law’s wife’s sister’s husband’s parents, grandparents, sister and family arrived. They just kept coming until there were 23 of them!  People I had never met before had filled our house. We didn’t turn anyone away. I’ve lived in Louisiana my entire life, all 54 years, and that’s how we do it here. This is Our Home.

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