Experimental study shows physicians trade optimal patient care for money
theincidentaleconomist.com
theincidentaleconomist.com
The gap in experience is significant. A 3rd/4th year medical student, like myself, has had limited clinical exposure(think months) and is wholly incapable of making decisions regarding patient care.
A student's lack of experience can explain why he/she might over investigate healthy patients and under investigate sick ones--he/she can't tell the difference. A physician, in comparison, has a protocol for how to work up a patient's chief complaint far in advance of ever meeting the patient.
Most importantly, students have no concept of medico-legal consequences of mismanagement. This is a huge incentive for physicians to work up all patients the same way. Anyone can sue. Whenever anyone suggests adopting XYZ country's medical system in place of our own I kindly point out that we would have to retrofit their legal system as well.
2 - Aren't those outcomes exactly what we see empirically?
yep. such posturing allows to keep price ("economic incentive") higher
And like all humans, they also respond to non-economic values when they are participating in a culture that reinforces those values. I think medical ethics has been eroded, both by the prevailing American cultural attitude that making money is the highest and best purpose to which one's life can be put, and by rising educational costs which mean that most doctors start their careers deep in debt. As long as we regard medicine as just another market, we'll see this kind of mismatch between profitability and patient well-being.
Is it really 'the key'? Why? You are making exactly the implicit cultural assumption I'm referring to. In a social context, self interest does not equate simply to economic interest. Incentivizing people economically is not the only way to motivate them, nor is it the most effective way. It only serves as a least common denominator, something to use when there are otherwise no shared values between the parties. Economics alone represents a floor, not a ceiling, and is certainly not a sound foundation on which to build a healthy society.
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It's not just that your post contained no thought other than "Government bad!"... your post had absolutely nothing to do with the article.
From TFA:
"In a controlled setting, the researchers asked medical students to choose the quantity of medical care to provide to hypothetical patients enrolled in either fee-for-service (FFS) or capitated insurance plans"
Capitated and fee-for-service are two methods used by private and public entities to pay for health care. The article was about how doctors behaved (or at least how medical students said they'd behave) under each of those two systems. I don't find the experiment convincing, but I can read well enough to know it had nothing to do with whether the payment was publically or privately funded.
An anti-Obama bumper sticker would be a much more appropriate forum for your opinions than this thread.
On a side note, don't set yourself up for a downvote by only providing an opinionated comment and then play the victim card stating that a biased subsection of the community is out to get you.
I should add that I think people should not downvote you just because they don't agree with you, but they should be allowed to downvote you if you are not providing value to the conversation.
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As for my comments of "out to get you" or "victim card" I think I should have said, "don't become a self fulfilling prophecy". I don't necessarily think you are playing a victim card. Either way, keep participating. You've at least created quite the discussion thread.
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Careful what you claim. Your account is brand new and shows no such comment history.