This suggests the healthcare equivalent of 'shrinkflation'. Can't get away with changing the price because everybody notices, (especially when it's free). So leave the price the same and just offer less in return.https://twitter.com/EL4JC/status/946747420750368768 …
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Replying to @C7RKY
But fact is we are getting better at keeping people alive and offering MORE effective treatments than ever. Hence demand increased.
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Replying to @theveindoc
Even if I accepted your assertion, (tho I could throw national state of health/quality of life into the pot to expand that debate), I'd expect existing treatments to be protected against inflation & ppn growth as a min. Even if new treatments prove unaffordable
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Replying to @C7RKY
Paradoxically as we get better at healing people we leave more sick people in the system needing more care.
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Replying to @theveindoc
Presumably those extra sick people are coming from some group other than those you suggest we got better at healing? Otherwise, it could be seen as stretching the definition of healing.
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Replying to @C7RKY
Only way of stopping the ever increasing demand is to go back to time when more died earlier. Is that what you want? I doubt it.
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Replying to @theveindoc
Now that's just silly. My focus would be on what adds most value for patients from the already inordinate budget. And you won't like me for it, I know, but I'd lean towards in-house. Whole pharma setup would get special attention too, if I ruled the world. Alas...
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Replying to @C7RKY
So you are not a great believer in the benefit of competition to drive quality and lower cost?
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No, I'm afraid not. I'm a firm believer that if a service can be secured for a price that allows for profit, then by definition it can be secured at a cheaper price without that profit. And I also don't want anyone providing healthcare beyond the reach of FOI requests etc. tbh.
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