The value of late-in-life health care spending
Study debunks notion that large chunks of Medicare go to futile end-of-life care.
Around 25 percent of Medicare spending in the U.S. occurs in the last year of people’s lives. This is sometimes discussed as a questionable use of resources: Is society throwing large amounts of medical treatment at some patients in a futile, if noble, effort to extend lives that are bound to end soon? A new study co-authored by an MIT health care economist offers a resounding answer: No.
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