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Innovations
Health
Care Quality & Value
Are we getting our money's
worth?
As the national debate over
ever-increasing health care costs rages on, this may be the most overlooked
question of all: Are we getting our money's worth?
It's a difficult question
to quantify. If a procedure costs $5 million but will save someone's life, is
it "worth" it? What if that same $5 million will only extend a life
for a short but identifiable time? How do we measure worth?
Maybe life and death questions
are too ethereal for a "worth" discussion. Let's scale back the question:
Are we getting what we pay for? What happens when we try to measure quality
of care vs. cost and/or value? Be it for direct health care procedures or for
health care insurance premiums, are Americans paying too much for what they
receive in return? If so, why? And what good health care values do exist out
there?
This section will attempt
to examine the broad issue of Health Care Quality and Value.
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