(I am a third year medical student) There is so much wrong with this infographic it’s hard to know where to start. Looking at the sources you see plenty of “theincidentaleconomist” and more of Ezra Klein. These are very left-leaning sources and are not known for impartiality of facts.
The 2% estimation for malpractice is the biggest falsehood because it only considers one effect of malpractice. Malpractice also causes doctors to do unneeded procedures which causes a large amount of the “Truth #3: too many procedures”. The effect of obesity is also underestimated.
A direct comparison of elderly rates isn’t sufficient because our present Medicaid system is very inefficient in handling medical care for seniors. It needs to be reformed to contain costs and the PPACA doesn’t do this. Finally, while this get’s the administrative costs correct it doesn’t mention that higher paid doctors result in a higher standard of medicine in the US and that outpatient procedures are usually better for the patient’s health.
This whole thing smells like nothing but pro-socialist-healthcare propaganda. Malpractice costs far more than 2%. Doctors spend a fortune of their pay on their malpractice insurance, which hikes up their rates, which causes people to expect more from them, which hikes up their insurance, etc.
Government regulation is also a large CAUSE for higher costs, especially with medication.
(I am a third year medical student) There is so much wrong with this infographic it’s hard to know where to start. Looking at the sources you see plenty of “theincidentaleconomist” and more of Ezra Klein. These are very left-leaning sources and are not known for impartiality of facts.
The 2% estimation for malpractice is the biggest falsehood because it only considers one effect of malpractice. Malpractice also causes doctors to do unneeded procedures which causes a large amount of the “Truth #3: too many procedures”. The effect of obesity is also underestimated.
A direct comparison of elderly rates isn’t sufficient because our present Medicaid system is very inefficient in handling medical care for seniors. It needs to be reformed to contain costs and the PPACA doesn’t do this. Finally, while this get’s the administrative costs correct it doesn’t mention that higher paid doctors result in a higher standard of medicine in the US and that outpatient procedures are usually better for the patient’s health.
Wow… what a load of bull.
This whole thing smells like nothing but pro-socialist-healthcare propaganda. Malpractice costs far more than 2%. Doctors spend a fortune of their pay on their malpractice insurance, which hikes up their rates, which causes people to expect more from them, which hikes up their insurance, etc.
Government regulation is also a large CAUSE for higher costs, especially with medication.