Quick summary - from the article:
"If you would not pay for medicine out of your own pocket, then don’t bother to go when others offer to pay."
Overall a well argued article.
"If you would not pay for medicine out of your own pocket, then don’t bother to go when others offer to pay."
Overall a well argued article.
"In the aggregate, variations in medical spending usually show no statistically significant medical effect on health."
Real Summary: The author eloquently argues that an emphasis on medical spending has caused health care resources to be misdirected to the point that such spending is generally counter-productive.
Per capita medical costs will just keep ballooning until as a society we change our attitude and approach to dying of old age. We simply can't afford every called for treatment for every dying geriatric. There has to be some rationing mechanism whether it's the market and individual wealth, insurance bureaucrats, or government death panels.
"Old Age" isn't even a cause of death anymore for statistical purposes. Sorry, but when a 90 year old dies the cause of death is old age, regardless of whether it was heart failure or cancer.