Economic ScenePoor U.S. Scores in Health Care Don’t Measure Nobels and Innovation
By TYLER COWEN
Published: October 5, 2006
Advocates of national health insurance cite an apparently devastating fact: the United States spends more of its gross domestic product on medical care than any nation in the world, yet Americans do not live longer than Western Europeans or Japanese. More Americans lack insurance coverage as well. It is no wonder that so many people demand reform.
But the American health care system may be performing better than it seems at first glance. When it comes to medical innovation, the United States is the world leader.
In the last 10 years, for instance, 12 Nobel Prizes in medicine have gone to
American-born scientists working in the United States, 3 have gone to foreign-born scientists working in the United States, and just 7 have gone to researchers outside the country.
Full article at: http://www.nytimes.com/2006/10/05/business/05scene.html?fta=y