“Americans are paying more for their health insurance, but that’s because they’re getting more. New drugs, new procedures, fancier hospital services (my American friends think that British hospitals look like something out of the third world; my British friends think that American hospitals are ridiculously fancy, like hotels.) We’re living longer and dying of things that are harder to treat. We’re keeping disabled kids alive at monumental expense. We’re helping infertile couples have babies, burn victims rebuild their ravaged faces, cancer patients eke out a few precious extra weeks with their families”.–Megan Mcardle, deputy countries editor of the Economist, writing in Asymmetrical Information


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