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LeonDurham
2018 May 15, 5:31pm
Interesting article on US health care costs and outcomes. It appears the inflection point where our system went off the rails was ~1980. That's when the costs started skyrocketing out of control without any additional benefits in life expectancy.
https://www.nytimes.com/2018/05/14/upshot/medical-mystery-health-spending-1980.html
"The United States devotes a lot more of its economic resources to health care than any other nation, and yet its health care outcomes aren’t better for it.
That hasn’t always been the case. America was in the realm of other countries in per-capita health spending through about 1980. Then it diverged.
It’s the same story with health spending as a fraction of gross domestic product. Likewise, life expectancy. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, we were at the bottom of the pack.
What happened?"
https://www.nytimes.com/2018/05/14/upshot/medical-mystery-health-spending-1980.html
"The United States devotes a lot more of its economic resources to health care than any other nation, and yet its health care outcomes aren’t better for it.
That hasn’t always been the case. America was in the realm of other countries in per-capita health spending through about 1980. Then it diverged.
It’s the same story with health spending as a fraction of gross domestic product. Likewise, life expectancy. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, we were at the bottom of the pack.
What happened?"
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Overview of the Discussion Draft of Senate Amendment to H.R. 1628
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