Saturday, July 5, 2008

Weighing the Costs Part II

I came across this in the Financial Times. It reviews the pros and cons of the argument that technologies help increase healthcare costs. I think that the argument that it does not really increase healthcare costs, lose out when the example of the CT angiograms are pointed out. As we pointed out previously, the current system is very susseptable to pressures from industry and physicians even when the "system" (i.e. Medicare in the case of CT angios) is trying to do the right thing. Again, I think that the HPfHR model, with a semi-independent Healthcare Board modeled after the Federal Reserve, would be able to withstand these pressures much better and help control cost more effectively.
Gil

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