Why is the healthcare sector in the United States less productive than other sectors of our economy?
Brian Blase, the head of Blase Policy Strategies and senior fellow at the conservative Galen Institute, argues that Medicare’s method of paying for healthcare plays a large role.
“A new medical technology may do what patients want: lower costs and improve technology, but it will struggle to get properly reimbursed by Medicare,” Blase said.
This could be particularly problematic as computer technology advances in healthcare. Recently, the Food and Drug Administration approved an autonomous artificial intelligence test for diabetic retinopathy. The Centers for