International Perspective on
U.S. Health Care
Costs and Value
HCMG 101
Daniel Polsky
September 20, 2011
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Review
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U.S. health care spending
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High
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Growing much faster than inflation and GDP
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Medical technology and the health
insurance system are the two leading
catalysts of rising spending.
•
Hard to change these trends
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Temporary or ineffective efforts
Is more better?
•
Isn’t it a good thing for our society to be
spending more resources to the sector
that cares for the aged and sick?
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How much should our society spend on
medical care?
–
It depends on the value we get in return
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Does the U.S. receive value for the
money spent on health care?
– Today’s Objective:
•
International comparison perspective
•
Consumer sovereignty perspective
– Thursday’s Objective:
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Perspective of David Cutler: “your money or
your life”