Cost of Health Care
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The politics of health care are messy. Obamacare is haunted by myths. And that's why Harvard's Kate Baicker — a former White House economist and one of the nation's most acclaimed researchers — is so focused on using evidence, not anecdotes, to shape America's health policies.
Baicker talks about building a career in research (starts at the 1:55 minute mark), her pioneering work with the Oregon Health Insurance Experiment (8:45), what she thinks of Obamacare’s cost controls and President Obama’s pitch for a public option (24:30), whether the ACA did enough to bend the cost curve (34:00), and what beltway pundits get wrong about health policy (41:30).
WHY DOES THE UNITED STATES SPEND SO MUCH ON HEALTHCARE AND STILL HAVE SUCH POOR HEALTH?
Almost every conversation about US healthcare is dominated by concerns about unsustainable costs. We spend far more, per capita, on healthcare than any other country in the world — more than $8,000, compared with $3,000 in Japan, for example — yet obesity, asthma, mental health, and other chronic diseases are increasing burdens. On the other hand, we spend much less on social services: for every healthcare dollar spent from 2000 to 2009, the US spent about 90 cents on social services, compared with $2 among peer countries in the Organisation for Economic Cooperation and Development. Could this be the real source of poor health in the US and should it reframe our spending discussion? How might we pursue evidence-based, health-promoting strategies?
Speakers:Elizabeth Bradley, Julie Rovner