Health Care Spending: Are Americans Getting Gipped?

Many Americans mistakenly believe that they are not getting what they pay for relative to health care consumers in nations with socialized medicine. Although there are indeed numerous problems with the provision of and payment for health care in this country, the problem is not that we are not getting our money’s worth, rather it is misaligned incentives. As Investor’s Business Daily points out, other nations also measure their health care outcomes rather differently than the US does, thus downplaying our successes and inflating their results. Given the momentum behind plans that would give government bureaucrats more power than they already have over the health care of New Mexicans and Americans alike, it is more important than ever to use accurate data.