In Forecasting Health Costs, Let Technology Be Your Guide – NYTimes.com

By historical standards, health spending growth has been low since 2002. As the federal and state governments expand health insurance coverage, will this relatively low growth continue? The answer depends in large part on how investments in health care technology are encouraged.Health economists have shown that both insurance expansion and technology drive health spending upward. A few studies have teased out a deeper relationship between the two: By increasing the market for health care products (like prescription drugs and medical devices), coverage expansion encourages investment in health sector research and development. And, depending on what technologies are subsequently brought to the market, this can lead to more costly, though often better, care.

via In Forecasting Health Costs, Let Technology Be Your Guide – NYTimes.com.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s