Blame Technology, Not Longer Life Spans, for Health Spending Increases

1/30/2017

This article from The New York Times challenges the notion that longer life spans are the primary driver of increased healthcare spending. Instead, it argues that technological advancements in medicine are a major factor contributing to rising healthcare costs. The article cites examples of high-cost technologies, such as MRIs and prescription drugs, that have become common in healthcare practices. It discusses how these advancements have led to improved diagnostic capabilities and expanded treatment options, but at a significant expense. The author suggests that addressing healthcare costs requires a focus on the appropriate utilization and pricing of technology rather than solely on aging populations.

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