What question did this study set out to answer?

To determine whether higher medical prices continue to drive excess health care spending in the United States compared to other industrialized countries.

January 1, 2019Health Affairs

It’s Still The Prices, Stupid: Why The US Spends So Much On Health Care, And A Tribute To Uwe Reinhardt

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Authors

GAGerard F. AndersonJohns Hopkins University PHPeter S. HusseyRAND Corporation VPVarduhi PetrosyanBaylor College of Medicine

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Implication

Comparative economic analysis reveals higher prices drive excess health spending in the United States despite lower per capita resource use, indicating reforms must target private sector prices.

Key Points

To determine whether higher medical prices continue to drive excess health care spending in the United States compared to other industrialized countries.
Analyzed international health care spending, payment differentials, and utilization trends using updated Organization for Economic Cooperation and Development (OECD) Health Statistics.
Evaluated per capita health care resource indicators, specifically measuring the supply of hospital beds, practicing physicians, and nurses.
Higher health care prices remain the primary factor explaining why US health care spending exceeds that of all other industrialized nations.
The US provides significantly fewer hospital beds, physicians, and nurses per capita relative to the OECD median country, confirming that excess spending is not driven by higher resource consumption.
Payment differentials between the public and private sectors expanded substantially over the preceding 15 years, highlighting the growing impact of private sector rates.

Cite This Study

Anderson et al. (2019) studied this question.

synapsesocial.com/papers/6a03e4d84a5db22ff2893b02 https://doi.org/10.1377/hlthaff.2018.05144

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Implication

Comparative economic analysis reveals higher prices drive excess health spending in the United States despite lower per capita resource use, indicating reforms must target private sector prices.

It’s Still The Prices, Stupid: Why The US Spends So Much On Health Care, And A Tribute To Uwe Reinhardt

Discussion

Member takes

Implication

Key Points

Cite This Study

It’s Still The Prices, Stupid: Why The US Spends So Much On Health Care, And A Tribute To Uwe Reinhardt

Discussion

Member takes

Implication

Key Points

Cite This Study

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Also Consider