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http://www.time.com/time/health/article/0,8599,1808049,00.html?cnn=yes
Finally, someone in medicare is discussing the price of life. I get tired of medicare claiming broke and higher costs when it fully funds things like a Whipple procedure on a pancreas adenocarcinoma patient that does not want chemo. That's only adding 6 months to the patient's life yet the procedure alone costs over $120,000 to medicare (for those that are curious, the surgeon makes around $1,500 from it.. including free followup for 3 months.... so guess who is profiting after the costs).
Zenios's conclusions arrive amidst mounting debate over whether Medicare, the U.S. government health plan for seniors, ought to use cost-effectiveness analysis in determining coverage of procedures. Nearly all other industrial nations including Canada, Britain and the Netherlands ration health care based on cost-effectiveness and the $50,000 threshold. Medicare, on the other hand, decides whether to pay for new technology based on whether a treatment is "medically necessary and appropriate."
Finally, someone in medicare is discussing the price of life. I get tired of medicare claiming broke and higher costs when it fully funds things like a Whipple procedure on a pancreas adenocarcinoma patient that does not want chemo. That's only adding 6 months to the patient's life yet the procedure alone costs over $120,000 to medicare (for those that are curious, the surgeon makes around $1,500 from it.. including free followup for 3 months.... so guess who is profiting after the costs).