My brother-in-law Hank Herrod, former dean of the University of Tennessee medical school, encouraged me to read Time Magazine‘s cover story on the cost of medical care. I always pay attention to my brother-in-law, especially when he tells me something about medicine, so I read the article online. It took a long time–it’s a long, long article–and it made me sick. The guts of the article follow patients through their hospital care and the back-breaking charges they incur. It explains in detail what those charges are and how they are decided. If you think American medicine is based on market economics, think again.
Bitter Pills and American Medicine