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I am no longer posting new pieces here, and have moved new content to Substack as of April 23. 2022.
The Ask Phil archive continues to be updated, and is available to paying Substack subscribers.

U.S. Drug Prices a Rip-Off, But . . .
As if we needed more evidence, here’s a recent analysis of how much Americans pay for big-ticket drugs and how much money pharmaceutical companies collect in the U.S. compared with their worldwide revenues for these drugs.
Manufacturer
Drugs
Revenues (billions)
U.S Share of Total
Percent
U.S.
Rest…

Here’s a Welcome, Fact-Based Guide to Successful Aging
In a world that often seems short on facts and distressingly long on opinions, there’s nothing to beat a solid report from the Society of Actuaries, a group dedicated to fact worshippers!
A recent report from the SOA Research Institute provides a solid foundation for many of the common-sense lifestyle…

Part B Premiums Versus the COLA — Updated
Updated to include projected Part A 2022 deductibles
On August 30, trustees for Social Security and Medicare released their massive annual reports on how they fared in 2020, their financial footings, and the outlook for the nation’s primary retirement and health-care programs.
The short answer…

Part B Premiums Versus the COLA
Trustees for Social Security and Medicare released their massive annual reports yesterday on how they fared in 2020, their financial footings, and the outlook for the nation’s primary retirement and health-care programs.
The short answer is that the financial soundness of both programs continues…

Will Health Care Be Coming to Your Home?
It usually requires only three reinforcing trends to fire up my punditry genes, but there are even more when it comes to the likelihood that older Americans will be able to age in place successfully, in large measure because their health care will be delivered to them at home.
In no particular order,…

Medicare for All is No Easy Fix
I have shied away from weighing in on the flurry of health proposals being discussed as part of the Biden Administration’s big spending bill. So many proposals have been floated, and I can’t handicap their odds of enactment better than you.
However, the resurgence of Medicare for All measures…