Here's a wonderful animation from Gregory Warner and Adam Cole presented by Marketplace on American Public Media. It explains one aspect of the medical arms race, although it focuses on local politicians as opposed to local doctors and hospitals.
Ironically and tragically, in light of the blog post below, current Medicare pricing stimulates this arms race. Recall, for example, my post about proton beam machines.
If you can't see the video, click here. (Thanks to Pamela Johnson for the heads up!)
Ironically and tragically, in light of the blog post below, current Medicare pricing stimulates this arms race. Recall, for example, my post about proton beam machines.
If you can't see the video, click here. (Thanks to Pamela Johnson for the heads up!)
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