Becker's Healthcare January 11, 2019
The primary reason the U.S. spends more on healthcare than any other country is still prices, according to an updated study published in Health Affairs.
Four things to know:
1. In 2003, four researchers — Gerard F. Anderson, PhD, a professor at Johns Hopkins Bloomberg School of Public Health in Baltimore; Peter Hussey, PhD, vice president and director of healthcare at the Boston-based RAND Corp.; Varduhi Petrosyan, PhD, professor and dean in the Turpanjian School of Public Health at the American University of Armenia; and recently deceased Uwe Reinhardt, PhD, health economist at Princeton (N.J) University — authored an article titled “It’s the Prices, Stupid.” The article argued that the U.S. spends more on healthcare than other countries because of...
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