The US underspends on a beneficial form of administration: post-audit evaluation of what medical technologies and treatments are worth relative to cost; agencies that did this had short lifetimes because their findings triggered political backlash.

causalpending

Speaker

Henry Aaron

Evidence Quote

we don't keep very good records of what works and what doesn't a number of other nations have established agencies that try to evaluate just what new technologies are worth

Source

Henry Aaron on Health Care Costs 11/15/2007EconTalk
Created: 6/15/2026, 9:20:32 AM

My Notes

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