NPR: Children’s Risk Of Serious Illness From COVID-19 Is As Low As It Is For The Flu

By In the News

The Centers for Disease Control and Prevention made a strong statement about the effectiveness of vaccines when it decided that fully vaccinated people don’t need to wear masks in most circumstances. But it left some parents concerned about how the change might affect children too young to be vaccinated. For children in particular, the risk of serious consequences from COVID-19 is the same magnitude as the risk they face from the flu, she says. But many parents seem more worried about the new and less familiar disease. That anxiety is heightened by the new guidelines on mask-wearing. But experts urge parents to…

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Knowledge@Wharton: Will COVID-19 Vaccination Incentives Work

By In the News

Iwan Barankay, Wharton management professor of business economics and public policy, has spent years studying what works to encourage patients to take their medications. His latest paper on statin adherence was published earlier this month. Like many previous studies, this one also finds that financial incentives aren’t persuasive for patients who have complicated lives. Low income, inadequate housing, lack of transportation, caregiving to others in the household, and the sheer burden of chronic illness are all factors that can contribute to laxity. Incentives work best when they are designed to help people overcome behavioral problems of inattention or inconsistency — a bribe…

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K@W: Why Incentives Won’t Raise COVID-19 Vaccination Rates

By In the News

Wharton’s Iwan Barankay and Penn Medicine Center for Health Care Innovation’s executive director Dr. David Asch talks with Wharton Business Daily on SiruisXM about why offering incentives won’t increase COVID-19 vaccination rates. In West Virginia, Gov. Jim Justice is offering $100 savings bonds to young people who get the shot. Not to be outdone, Ohio Gov. Mike DeWine is offering fully vaccinated residents a chance at a $1 million lottery and full college scholarships. The gimmicks certainly get attention, but will they work to get more shots in arms? The short answer is no, according to Wharton management professor Iwan Barankay. Dr. David Asch said while…

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NPR: In Kids, The Risk Of COVID-19 And The Flu Are Similar — But The Risk Perception Isn’t

By In the News

The risk of serious COVID-19 illness in children is comparable to their risk from the flu, but many parents seem more concerned about coronavirus. The issue of risk perception has a lot do with it. Gretchen Chapman states, “Preventive measures that reduce a small risk even substantially but not completely can be underweighted because if your risk goes from one in a thousand to one in a million, it doesn’t really seem that much different to the person.” Listen more at NPR.

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ABC27: Rising number of doctors prescribing opioids for COVID long-haulers, how Pa. is prepared

By In the News

St. Louis medical researchers are worried about a possible spike in the opioid crisis because a growing number of doctors are prescribing painkillers to COVID-19 long-haulers. In Philadephia, a new study from Penn Medicine showed deaths among the African-American community went up to almost 50 deaths a month. “The results of this study are sobering,” Eugenia South, M.D., and author of the study said. “The Black community has been hit incredibly hard since the start of the pandemic — both with the illness itself and the social and economic fallout, which includes increased gun violence, job loss, and closure of small businesses….

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WHYY: NJ is offering up more freebies for COVID vaccinations. But do those incentives work?

By In the News

New Jersey officials announced Wednesday an additional 626 COVID-19 cases. That raises the overall case count of PCR and Antigen tests to 1,012,196. Gov. Phil Murphy on Wednesday rolled out more incentives to encourage people to get vaccinated against COVID-19. But are the incentives enough to turn someone “dead set” against getting vaccinated? “I’m not so sure,” said Dr. David Asch, executive director of the Penn Medicine Center for Health Care Innovation. He says that the incentive depends on what is being offered, whether that is something the person wants, and how it is being presented. “If it’s a transactional…

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AJMC: COVID-19, Implications for Value-Based Care Transition

By In the News

Vivian Lee, MD, PhD, MBA, president of health platforms, Verily Life Sciences, discusses examples of health economics and outcomes research (HEOR) use amid the pandemic to optimize patient care, as well as what impact HEOR may have in the transition to a value-based health care system. Vivian Lee shares, “When COVID-19 struck, it was clear that we really had an important role to play as a digital health technology with our members. For one thing, just simply access to information, we know people were really scared and as you will remember, people with diabetes were in that high-risk group. So,…

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