Friday 1 March 2019

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Ooops:
So about that bending the cost curve down by way of nationalized health "care:"

"Friday’s report by the public accounts committee into the cost of clinical negligence in hospital trusts reveals that the bill has quadrupled in 10 years to [~$2 billion] and is expected to double again by 2021."

So why are these expenses climbing so high and so rapidly? Well, there seem to be a couple of factors in play:

"As well as increasing damages for a small and stable number of “high value” ... there is a growth in the number and cost of “low value” claims."

The vast majority of those "high-value" claims, by the way, are maternity-related.

But why the increase in claims themselves?

Apparently, there's a mysterious connection between "steeply rising demand and chronic staff shortages." I mean, who could have foreseen that in a government-run system? And this in turn has led to "endless examples of deteriorating patient safety."

Hunh.

#Unexpected #MedicareForAll


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