Wednesday, November 19, 2014

A couple of pieces on Medicine and moral hazard

This is from today's Op-Ed page.  It is called How Medical Care Is Being Corrupted.  The issue is how doctors are compensated and if that impacts how they practice - prescribe medications, recommend treatments, etc.

This other one is about medical research, particularly the war on cancer.  It is called Grant System Leads Cancer Researchers to Play It Safe. It is quite intriguing and might give you an entirely different sense of what moral hazard means.

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