No Kidding: We’re not good at cost-control


This graph certainly makes the case that the US health care system is broken.  I supported Obama’s health law not because it was so good, but because I think the status quo sucks.  Conservatives really don’t seem to have anything to offer. 

I think the rights intention with respect “Obama” care is nothing but maintaining the status quo, but how can support the status quo in light a graph like that below!

 

David Brooks claimed earlier this week, with respect to cost controls in health care, that:

The fact is, there is no dispositive empirical proof about which method is best — the centralized technocratic one or the decentralized market-based one. Politicians wave studies, but they’re really just reflecting their overall worldviews.

Many, including, Ezra Klein, Jonathan Cohn, and Jon Chait disagree. So do I.

It’s worth remembering this chart at times like this:

That’s health care spending as a percent of GDP. Let’s own that for pretty much every one of the OECD countries, the slope is positive. But it’s not hard to pick out the US. We are, by far, the worst at controlling costs.

I don’t think these data are just “reflecting my worldview”. I think one of these countries really just doesn’t look like the others.

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Software picked, likely related articles at The Incidental Economist:

We’re not good at cost-control
Aaron Carroll
Thu, 09 Jun 2011 01:44:06 GMT

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One response to “No Kidding: We’re not good at cost-control

  1. Bruce, as flawed as it is I’ve supported ‘Obamacare’ too – I see it as at least a first step in the right direction. I still think Medicare for all (with more enforcement) is our only shot at getting a handle on our health care costs.

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