{"id":3463,"date":"2025-01-14T07:34:02","date_gmt":"2025-01-14T07:34:02","guid":{"rendered":"https:\/\/bullseye.ac\/blog\/?p=3463"},"modified":"2025-01-14T07:34:05","modified_gmt":"2025-01-14T07:34:05","slug":"the-global-ripple-effect-of-us-healthcare-expenditure","status":"publish","type":"post","link":"https:\/\/bullseye.ac\/blog\/health\/the-global-ripple-effect-of-us-healthcare-expenditure\/","title":{"rendered":"The Global Ripple Effect of US Healthcare Expenditure"},"content":{"rendered":"\n<p>Number of words: 244<\/p>\n\n\n\n<p>Most people think that the more you spend on healthcare, the better your healthcare is, but it\u2019s not true. Now, it\u2019s not that every heart surgeon is going, \u201cOh yes, a couple more of these heart operations and I\u2019ll be able to pay for a yacht.\u201d Rather, if you\u2019ve spent 40 years practicing heart surgery and becoming a brilliant heart surgeon, you are unusually biased towards seeing solutions in heart surgery, just as legislators are overly biased to seeing solutions in legislation and people who are engineers are overly biased to seeing the solutions to the world\u2019s ills lying in engineering. And so, overmedication and excessive intervention by doctors in the United States is probably a downside of how much money is poured into healthcare. The bias to intervention is always there in a case where you can either do nothing or do something. People always prefer something. The doctor\u2019s recommendation of \u201cActually, I\u2019d just leave it. It\u2019ll probably go away,\u201d is never one with which people are comfortable. However, the inordinate amount of money spent on healthcare in the United States has enormous spillover benefit for other countries. The research and pharmaceutical development that\u2019s funded by the large percentage of GDP devoted to US healthcare ultimately benefits the rest of the world enormously. So, in some ways, as a Brit, I would be quite keen for the United States to carry on with its current barking level of health expenditure.<\/p>\n\n\n\n<p><em>Excerpted from <\/em><a href=\"https:\/\/blog.ted.com\/qa_with_rory_su\/\"><em>https:\/\/blog.ted.com\/qa_with_rory_su\/<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Number of words: 244 Most people think that the more you spend on healthcare, the better your healthcare is, but it\u2019s not true. Now, it\u2019s not that every heart surgeon is going, \u201cOh yes, a couple more of these heart operations and I\u2019ll be able to pay for a yacht.\u201d Rather, if you\u2019ve spent 40 &#8230; <a title=\"The Global Ripple Effect of US Healthcare Expenditure\" class=\"read-more\" href=\"https:\/\/bullseye.ac\/blog\/health\/the-global-ripple-effect-of-us-healthcare-expenditure\/\" aria-label=\"More on The Global Ripple Effect of US Healthcare Expenditure\">Read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","footnotes":""},"categories":[53],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Global Ripple Effect of US Healthcare Expenditure - BullsEye<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bullseye.ac\/blog\/health\/the-global-ripple-effect-of-us-healthcare-expenditure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Global Ripple Effect of US Healthcare Expenditure - BullsEye\" \/>\n<meta property=\"og:description\" content=\"Number of words: 244 Most people think that the more you spend on healthcare, the better your healthcare is, but it\u2019s not true. 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