The US has the best cancer and heart disease survival rates in the world. But spending levels are still not commensurate with indicators. One possible explanat

The US has the best cancer and heart disease survival rates in the world. But spending levels are still not commensurate with indicators. One possible explanation is that a lot of money is spent on healthcare toward the end of life, and much of it is just chasing a sliver of hope. In a system where people spend according to their priorities, instead of to improve some statistical indicator of system-wide efficacy, 'irrational' spending like this could be much higher in the US.