Saturday, January 2, 2010

David Cutler on US Health Care

Here's David Cutler, a professor of applied economics at Harvard University, being interviewed by James Surowiecki at the New Yorker web site. You will notice that Cutler gives some devastating comments on the inefficiencies in the US health case industry. I love the example of Duke University Hospital that has 900 beds but 1300 billing clerks, or roughly 1.5 clerks to make sure you pay for every possible patient! That is crazy. And he also goes into the abysmal record of doctors in actually achieving a healthy outcome. This video is well worth your time:

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