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Medical Care Cost & Innovation

Medical Care Cost & Innovation

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Medical Care Cost & Innovation. Changes in What Medical Care $ Buys. Changes in What Medical Care $ Buy. Valuing Medical Care. Treated As Consumption: Here now, gone tomorrow. Actually, A Durable Good: Long-Lasting value. Valuing the Long-Term Benefits from Health Care. - PowerPoint PPT Presentation

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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