Monday, December 15, 2014

The "R" Word


What would happen if there was "a pill that would extend your life by one day, but it cost a billion dollars, it’s unlikely that many people would argue that health insurance should pay for it. We all understand that while the benefit might be real and quantifiable, it’s not worth the expense. But what if the pill cost a million dollars? And what if it extended your life by 10 years?"

This is a fine post on a Forbidden Topic in Health Policy Debate: Cost Effectiveness.

Rationing is definitely the “R” word.

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