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

Health Populi

The bar chart, Exhibit 5 from the report, is always important to examine as it reflects the very-American situation of spending as price times utilization — where “it’s been the prices, stupid” since Uwe Reinhardt and team wrote their seminal work on the role of health care prices in U.S.

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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%. See the second chart, reported in a recent study by the Harvard Chan School of Public Health on Being Seriously Ill in the U.S. . What happens to these patients’ financial health?