In updating US health care, maybe just do what works elsewhere at half our costs/person? Save $1.6 trillion/year? Just try it for a bit?pic.twitter.com/VwbuO7fOpv
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this is a helpful dialogue. not a health care economist so can't fully endorse but seems good https://origin-www.bloombergview.com/articles/2016-01-22/health-care-s-continental-divide …
Half of US healthcare spending already goes through the government - that's more than many countries spend.
On the other hand, Megan's argument in that article about lower costs reducing innovation...seems false.
Consider that US hospitals cost 2x as much per bed as UK ones.
Consider that US hospitals have been buying private practices because hospitals can get higher rates for stuff.
v interesting. y we're probably getting zero efficiency innovations (at best) but iirc her point was re: pharma innov?
Half the drugs being prescribed now aren't actually helping people.
When trials started being run better suddenly the drug pipeline dried up.
For example, the 1997 FDAMA required pre-registration of clinical trials to prevent cherry picking good ones.
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