American health care continues to get more expensive, but the increase is driven by us getting overcharged more for the same services and not by us utilizing more health care. This is a key finding of a new Health Care Cost Institute report on 2010 health care costs.
|By: Jon Walker Monday May 21, 2012 9:10 am|
|By: Jon Walker Tuesday April 17, 2012 9:00 am|
While obesity is a serious problem that adds to our health care bill, the far greater problem is that we simply pay way more than anyone else for the exact same medications, tests, devices and services. For example, getting an MRI in the United State can cost ten times what it costs in Japan. The data from the International Federation of Health Plans clearly shows that for almost every procedure and medication, Americans on average pay more than anyone else.
|By: Jon Walker Wednesday April 4, 2012 8:15 am|
Nine medical specialty boards are recommending that doctors perform fewer of the 45 most common tests and procedures as part of the Choosing Wisely campaign created by the ABIM Foundation. Procedures that should be cut back include CT scans for people who have only fainted, stress test imaging for people with no history of cardiac symptoms and antibiotics for sinusitis. This is helpful, but it doesn’t get to the core reason US health care is so expensive.
|By: Jon Walker Monday October 24, 2011 12:10 pm|
A poll of Massachusetts residents found that regular people in Massachusetts understand why their health care is so extremely expensive. It’s because they have to pay too much for drugs, insurance and hospital care, compared to what other nations pay.
|By: Jon Walker Monday June 20, 2011 12:30 pm|
Looking at how the incentives in our health care market are currently set up, there is little reason to hope the “market” will magically come up with innovations to reduce our national health care spending. It is no surprise given looking at our structural innovation issues that for decades we have seen health care cost grow so rapidly.
|By: Jon Walker Thursday April 28, 2011 5:37 pm|
As you can see in this helpful chart from the Kaiser Family Foundation, America pays much more for health care than any other first-world country.
There are a lot of false ideas or very minor explanations that are overstated to try to justify why we pay so much.
|By: Jon Walker Friday April 8, 2011 6:45 am|
Not only is Republican Paul Ryan’s Medicare privatization plan using basically the same general premium-supported exchange design that Obama’s health care revision does for the uninsured under 65, but both Ryan’s budget and “Obamacare” are nearly totally reliant on almost the same pathetic accounting trick of using poorly indexed caps on federal health care spending in the distant future to produce the bulk of their supposed deficit reductions.