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In U.S. Health Care, It’s Still the Prices, Stupid – But Transparency and Consumer Behavior Aren’t Working As Planned

Health Populi

He co-wrote the first “It’s The Prices Stupid” research article in Health Affairs with Gerard Anderson et. back in 2003 — so we’ve known for over 16 years that in the U.S., higher-than-world-average health care spending is mostly about how services are priced, versus whether Americans use more healthcare.

BioTech 160
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American healthcare: The good, bad, ugly, future

Henry Kotula

Americans today pay twice as much for the same medications as people in Europe largely because of Congressional legislation passed in 2003. As prices climb ever-higher, at least half of Americans can’t afford to pay their out-of-pocket medical bills, which remain the leading cause of U.S. bankruptcy.

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Wistful Thinking: The National Health Spending Forecast In a Land Without COVID-19

Health Populi

These projections are based on “current law,” the team from the CMS Office of the Actuary write, “developed using actuarial and econometric modeling methods in addition to judgments about future trends that affect the health care sector.” medical spending in Health Affairs in 2003.

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Most Americans Want the Federal Government to Ensure Healthcare for All

Health Populi

This sentiment has been relatively stable since 2000 except for two big outlying years: a spike of 69% in 2006, and a low-point in 2003 of 42%. In 2006, Medicare Part D launched, which may have boosted consumers’ faith in Federal healthcare programs. Most people in the U.S.