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Tag Archives: health care spending
The health spending 1 percent: Accounts for 20 percent of health care spendingt
The 1 percent of the population that has the highest annual health expenses accounts for one-fifth of health spending . … Those in the top 5 percent account for just under half of all spending, with average annual expenditures that exceed $50,000. Continue reading
U.S. health care: Do We Really Spend More and Get Less?
Spending computations are inaccurate. [T]here is another way to assess the cost of health care. We can count up the real resources being used. … doctors per capita, more hospital beds, etc.,… On this score, the United States looks really good. Continue reading
Does medical technology increase health care costs?
Ronald Bailey at Reason reports on a new study that says medical innovation increases life expectancy, not spending. Some excerpts: Columbia University economist Frank Lichtenberg published a new study that suggests advanced medical technologies are not contributing all that much … Continue reading
Paying for your own medical care
The success of HSA-qualified plans and evidence from the RAND health insurance experiment show how patients are prudent consumers of medical care when they spend their own money, rather than an insurance company. Ari Armstrong relates his personal experience in … Continue reading
Posted in insurance, tax code, HSAs
Tagged health care spending, HSAs, patient-as-customer
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CBO: No Net Federal Cost Savings in Dem Health Plans
From ABC News: Here’s a blow to President Obama and Democrats pressing health care reform. One of the main arguments made by the President and others for investing in health reform now is that it will save the federal government … Continue reading
Democrats’ health-care proposals would entrench status quo
Economist Arnold Kling has an excellent essay at National Review on-line. I’ll quote only what Arnold himself has quoted from the article on his blog: The debate we should be having is over whether restraint in our use of medical … Continue reading
Does the U.S. spend too much on health care?
Critics of medical care in the U.S. often claim that it costs too much compared to other countries, which have more government involvement than in the U.S. They use this to justify yet more government involvement in the medical choices … Continue reading