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Tuesday, February 24, 2009

Health Care Costs

So if excess cost growth in health care can be brought under control, the entitlement problem is manageable. - Krugman, Feb. 23, 2009

So, what indication is there that any economist has a comprehensive grasp of what the cost drivers in the health care industry really are, over the past 18 years, say?

Apart from some end-of-life studies that were available a dozen years ago, is there really any sense that we have truly decision quality data?

I may be proved wrong by the healthcare economics experts; but, if the data is available, I've yet to see a solid survey of it, say ...

Put another way, if Obama thinks that smart healthcare reform is just a year away, that would be action without measurement. And what did Barlett say? "Get me the facts!", right?