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Medicare Incentives
A superb article on Medicare from the WashPost nailed a key problem:
In Medicare's upside-down reimbursement system, hospitals and doctors who order unnecessary tests, provide poor care or even injure patients often receive higher payments than those who provide efficient, high-quality medicine.
Read the whole thing, data, graphs, and good analysis, here.
Posted by Alex Tabarrok on July 25, 2005 at 07:05 AM in Economics, Medicine | Permalink
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