Wednesday, September 22, 2010

Our Healthcare is Expensive

Multi-part series are all the rage these days I guess. I'm glad to have them, because they actually give more than cursory look at serious issues. The latest is from The Incidental Economist blog on the topic of healthcare costs. It looks like the series could be pretty interesting, but this chart in their first post is most definitely interesting.

Yes, it makes sense for us to spend more on healthcare than everyone else. But that much more? You can see most other countries seem to have figured out similar cost structures. And, of course, we've been over before how all that extra spending has done virtually nothing to improve outcomes. This is why healthcare reform was important, and since they started with something that doesn't do much about cost, it remains important.

Via Kevin Drum.

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