In the past 20 years, some 4.5 million Americans have died from medical accidents.
According to Johns Hopkins University, medical errors are now the THIRD LARGEST CAUSE OF DEATH in the U.S.
Almost all of these deaths are among people on Medicare.
According to David Goldhill, Medicare “drives a certain type of care”: overtreatment, with an emphasis on surgeries and procedures.
Because Medicare subsidizes demand without increasing supply, it has caused health care prices to skyrocket.
Today according to Goldhill, if you are over 75 years old, there is a 50% chance you are on 5 drugs. And if you are–there’s a 50% chance that two of those are contra-indicated: you shouldn’t be taking both.
See this fascinating debate sponsored by Reason Magazine.