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Replies to #40119 on Biotech Values
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DewDiligence

01/02/07 3:45 PM

#40120 RE: DewDiligence #40119

Escalating Healthcare Costs
The tan line—U.S. healthcare layouts
as a % of GDP—is much scarier than
the blue bars, which show absolute
healthcare expenditures.




Source: WSJ
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Jonathan Robinson

01/02/07 8:16 PM

#40149 RE: DewDiligence #40119

I still cannot understand the fascination with drugs. At 10%-15% of the cost of the system, a 30% savings only saves 1/3 of one year's growth in health spending. I thought this quote interesting from your post, Dew.

But they could not immediately say how they would guarantee that result. In the absence of detailed instructions from Congress, lower drug prices could mean lower costs and higher profits for the insurers that operate Medicare drug plans.

Meddling without a concrete plan always has undesired effects - heck even having a concrete plan leads to undesired effects.

Jon