Healthcare Editorial in the New York Times
Writing by abuhatem on Sunday, 25 of November , 2007 at 7:23 am
The New York Times has an interesting editorial on the health care crisis in this country today. It is different from many of the other articles written on the matter in that it attempts to be descriptive of the great number of variables in the problem of achieving affordable health care in the United States.
However, what struck me most was this statement:
A classic experiment by Rand researchers from 1974 to 1982 found that people who had to pay almost all of their own medical bills spent 30 percent less on health care than those whose insurance covered all their costs, with little or no difference in health outcomes.
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