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Healthcare Spending Graph

I-am-a-panda
Posts: 15,380
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11/26/2010 12:52:04 PM
Posted: 6 years ago
http://www.stat.columbia.edu...

Although I recognize that the US could easily be an anomaly, it seems to me that there is an n shape to a graph of expenditure on healthcare, that is, after a certain point health care spending becomes ineffective and life expectancy begins to decrease.

Discuss.
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LaissezFaire
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11/26/2010 1:24:13 PM
Posted: 6 years ago
Everything else equal, additional health care spending should increase life expectancy. This graph doesn't disprove this at all, because everything else isn't equal. People in some countries have healthier lifestyles than people in other countries (see: US vs most of the rest of the developed world). So any comparison of health care costs to life expectancy between such different countries means absolutely nothing.
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Cerebral_Narcissist
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11/26/2010 1:34:03 PM
Posted: 6 years ago
Interesting graph.
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Ragnar_Rahl
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11/26/2010 1:42:57 PM
Posted: 6 years ago
At 11/26/2010 1:24:13 PM, LaissezFaire wrote:
Everything else equal, additional health care spending should increase life expectancy.

This assumes that the everything else equal state has all health care moves being well advised (as opposed to an equal chance of poor advice,) and that there is no curve at which after certain points of spending poorly advised and accidentally harmful uses of medicine become more likely.
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Sieben
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11/26/2010 2:26:47 PM
Posted: 6 years ago
China spents like 75 bucks a year per person and their average is pretty reasonable too.

They need to normalize the axes to show that its actually more of a cluster than a "trend". Its more interesting that way.
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bluesteel
Posts: 12,301
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11/26/2010 8:30:29 PM
Posted: 6 years ago
This is really important: why are some circles bigger than others?
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bluesteel
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11/27/2010 2:47:46 PM
Posted: 6 years ago
At 11/27/2010 4:21:10 AM, Puck wrote:
At 11/26/2010 8:30:29 PM, bluesteel wrote:
This is really important: why are some circles bigger than others?

% of GDP

Ohh, that's pretty legit then, if we spend so little as a share of GDP...
You can't reason someone out of a position they didn't reason themselves into - Jonathan Swift (paraphrase)