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The biggest drivers of health care cost have little to do with physicians, their training, or licensing although they do all contribute a bit. So to make any
by ska 6y ago
The biggest drivers of health care cost have little to do with physicians, their training, or licensing although they do all contribute a bit. So to make any impact you'd need a much bigger list of things to change.
- amanaplanacanal 6y agoWhat are the biggest drivers? It feels like death from a thousand cuts.
- ska 6y agoI was maybe underemphasizing the labor costs - it's a real contribution. But you are right that everything is more expensive, and it's pretty interconnected. Big contributors: fee for service incentives, administration overhead, end of life care, inefficiencies due to fragmentation and licensing, insurance inefficiency (not the profit margin, but the tracking/coding level of detail), over subscription of expensive (e.g. capital heavy) procedures, pharmaceutical costs.
- vizzier 6y agoI'm reminded of https://slatestarcodex.com/2017/02/09/considerations-on-cost-disease/ https://slatestarcodex.com/2017/02/09/considerations-on-cost... when these discussions come up.