Medicare Incentives

by on July 25, 2005 at 7:05 am in Economics, Medicine | Permalink

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.

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