Here’s more on the debate about the source of high US health care spending. | “Are high US healthcare costs just an illusion?” by Hubert Biscuit https://t.co/bpcvo4gwoK
Note that nothing here argues for or against prices as the predominant factor.
— Austin Frakt (@afrakt) January 8, 2018
He believes that a distributionally-adjusted measure is a more relevant way of understanding health spending and that higher US income inequality implies much lower spending. Several others have also raised similar objections in response to my arguments on US health care over the past year or two.
I have several lines of response to these sorts of concerns.