tag:blogger.com,1999:blog-7464708.post6208612044426947354..comments2024-03-22T06:05:36.544-04:00Comments on Kids Prefer Cheese: Be kind rewindMungowitzhttp://www.blogger.com/profile/02340064320347875601noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7464708.post-52276314929482549692012-10-24T07:54:31.306-04:002012-10-24T07:54:31.306-04:00Just to summarize, they are taking a totally unobs...Just to summarize, they are taking a totally unobservable and made up variable and using it to define another unobservable and totally made up concept, that of "excess" health care spending. <a href="http://www.getnewpatientsinc.com/" rel="nofollow">James Dreesen</a><br />Anonymoushttps://www.blogger.com/profile/16671195978168816842noreply@blogger.comtag:blogger.com,1999:blog-7464708.post-59393550187456374762012-08-11T22:43:32.018-04:002012-08-11T22:43:32.018-04:00The working assumption (it seems) is that an incre...The working assumption (it seems) is that an increase in the productive capacity of the economy should lead to a similar increase in the demand for health care. Any increase (as reflected by prices) is 'excessive'. <br /><br />But, I don't think this is a good way to look at health care spending. If we assume diminishing marginal returns to consumption goods as wealth and age increases, and increasing returns to additional years of life expectancy as one ages, then it's not surprising to see the health care sector growing as a proportion of GDP, regardless of potential GDP.Lancehttps://www.blogger.com/profile/13501887116369167662noreply@blogger.comtag:blogger.com,1999:blog-7464708.post-18543212145236399102012-08-11T11:06:42.686-04:002012-08-11T11:06:42.686-04:00Actually need to modify my first point...
Prevent...Actually need to modify my first point...<br /><br />Preventive care INCREASES costs significantly more than it reduces the cost of future carecor treatment.B D Humberthttps://www.blogger.com/profile/13289430814664158899noreply@blogger.comtag:blogger.com,1999:blog-7464708.post-23264647937925855732012-08-11T10:33:12.920-04:002012-08-11T10:33:12.920-04:00In answer to your question...
1. Preventive care ...In answer to your question...<br /><br />1. Preventive care does not have an impact on either health or spending.<br /><br />2 lifestyle adjustments are way over rated - i a' still waiting for the data on the actual impact of less smoking on either health care spending or life expectancy. The numbers that i have seen are less than impressive and the cynic in me is not convinced that the loss of "happiness" that comes from not smoking ( or drinking) is worth the relatively small gain.B D Humberthttps://www.blogger.com/profile/13289430814664158899noreply@blogger.com