Transcript
Page 1: Medical Care Cost & Innovation

Medical Care Cost & Innovation

Page 2: Medical Care Cost & Innovation

Changes in What Medical Care $ Buys

Page 3: Medical Care Cost & Innovation

Changes in What Medical Care $ Buy

Page 4: Medical Care Cost & Innovation

Valuing Medical Care

TREATED AS CONSUMPTION: HERE NOW, GONE TOMORROW

ACTUALLY, A DURABLE GOOD:LONG-LASTING VALUE

Page 5: Medical Care Cost & Innovation

Valuing the Long-Term Benefits from Health Care

The Value of Health and LongevityMurphy & Topel National Bureau of Economic

Research, 2005 The Value of Medical Spending in the

USCutler et al

New England Journal of Medicine, 2002 Are Medical Prices Declining: Evidenc

e from Heart Attack TreatmentsCutler & McClellan

Quarterly Journal of Economics, 1998


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