Health Care Costs

Chris Burford cburford at gn.apc.org
Sun Mar 11 23:50:50 PST 2001


The US system is massively economically inefficient, if your goal is to secure the entire population against the misery of remediable health risks.

The US system is probably more efficient if you consider it as a market for individual choice of a subjective nature.

It is inefficient if you consider that even in an era of unprecedented surplus wealth, the insecurities of ill health remain one of the biggest worries that trouble human beings, quite rightly.

There is a major battle about whether consumer capitalism is the answer, which will take some decades to answer, probably because it will also have to be fought out at a global level.

Chris Burford

London



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