Vaccine incentives matter (from my electronic mail) – Marginal REVOLUTION


I’m a doctor in non-public apply in [redacted]. Now we have simply been authorized to order and administer the vaccine to tier-appropriate sufferers. Medicare has authorized a cost of 18$ for the primary shot and 28$ for the second. So far as we will decide we is not going to be allowed to invoice for an workplace go to so that’s the complete quantity we’ll obtain for registering the sufferers, screening then for covid outdoors of the workplace, taking their important indicators, taking a historical past to see if there are any contraindications to the vaccine, administering the vaccine, observing them within the clinic for no less than quarter-hour as much as half-hour relying on their historical past, and recalling them in 28 days and going by way of many of the similar process once more, minus the registration and historical past. There may be additionally an intensive regime of recording and reporting all vaccination information day by day to the state authorities. We had anticipated hiring somebody to handle this new service as a result of quantity of latest work that’s required. At this charge we would be capable to give 10 pictures an hour in every of our 3 clinics if we see no different sufferers for sickness, damage, or covid testing.

Do I have to say that we can not presumably afford to do that for the reimbursement supplied. The choice is for sufferers to obtain the vaccine in some state funded website or clinic. That will take a really very long time to roll out.

We’d like many extra economists complaining about this, proper?  Apart from John Cochrane, the place will we discover them? Why can we not discover them?