Here we go sports fans! Step one into better health through government! The slow creep is picking up.
Let me sum this up in a simple example. There is a part of the federal government who every year decide just how much your life is worth. That number is used in generating miles and miles of statistics for estimating costs. For ease of use, lets say that number is $100, over a life span of 100 years. Which means for this example the federal government has decided the value of your life is $1 per year. If you are 20, the potential value of the rest of your life is $80. And if you’re 80 the potential value of your life is $20. Guess what happens when our hypothetical 80 year old, worth only $20 in the eyes of the government, gets sick and a doctor decides the best course of treatment costs $21?
The Federal Council is modeled after a U.K. board discussed in Daschle’s book. This board approves or rejects treatments using a formula that divides the cost of the treatment by the number of years the patient is likely to benefit. Treatments for younger patients are more often approved than treatments for diseases that affect the elderly, such as osteoporosis.
In 2006, a U.K. health board decreed that elderly patients with macular degeneration had to wait until they went blind in one eye before they could get a costly new drug to save the other eye. It took almost three years of public protests before the board reversed its decision.
You wanted change, and here it comes, both barrels.