Maggie Mahar: “These are not decisions for politicians. Public health experts and medical researchers should make the judgment, based on community needs and medical evidence as to the benefits of the new technology.”
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{ 2 comments }
Where do you find these Reds?
It is not a decision for politicians or public health officials (the politicians agents)–the decision to purchase equipment should be the decision of the investors whose captial is being put at risk–and whose success or failure to recoup a return will provide feedback to other investors as to whether there is a need to be met the value of which is commensurate with the cost.
Centralized economic planning does not work.
Ditto 7:22. And increased capacity should drive prices down, which is important since patients should be making more of the decisions about how their dollars are spent rather than the government or insurance companies.
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