Tuesday, July 08, 2008

Why Healthcare Costs Are Rising

Megan McArdle:
Everyone in the healthcare debate is looking for a villain: heedless consumers, careless doctors, grasping pharma companies. But the truth is, most of the increase in health care costs comes from new treatments, not abuse of the system. And a lot of those new treatments raise a question: how much are we willing to pay for marginal improvements in survival, or quality of life?

No comments: