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China's health 'system'

Niko Karvounis has written a terrific summary of the evolution of the Chinese health care system over at The Century Foundation's blog.

Of particular interest is this - health care inflation in China is in the 16% range, a full seven points higher than GDP growth. This inflation is primarily driven by physicians overprescribing drugs and imaging - the only two types of care that they can price high enough to generate a profit.

Yes, communist physicians are making money the old-fashioned way, by over-utilizing.

Posted by on April 11, 2008 7:24 AM |

Comments

"thanks to a decades-long bout of capitalism-gone-wild"

Indeed.

If only that scourge of civilization could be eliminated. Then we'd all be wealthy, handsome, above average - and without disease.

Terrific summary.

Posted by: Stella Baskomb | April 12, 2008 3:23 PM

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