
The DMCB wishes him all the best and not just because Mr. Hopper was an inspiration for an early DMCB post.
And thanks to another Dennis Hopper quote:
Pop quiz, hotshot. There's a bomb on a bus. Once the bus goes 50 miles an hour, the bomb is armed. If it drops below 50, it blows up. What do you do? What do you do?
....the DMCB gets to think about 'decremental cost effectiveness.'
This is a concept raised in a November 3 Annals of Internal Medicine article by Aaron Nelson and colleagues titled 'Much Cheaper, Almost as Good: Decrementally Cost-Effective Medical Innovation.' The authors reviewed over 2000 peer review articles on new innovative therapies that included cost and benefit in their analyses. While the majority of the innovations increased cost and benefit, there were nine articles that saved a significant amount of money in exchange for a small decrease in quality. Examples included doing percutaneous coronary interventions vs. more expensive and better open heart surgery, using watchful waiting for inguinal hernias instead of routinely operating on them and using drugs to treat reflux disease with symptomatic heartburn instead of laparascopic surgery. These treatments were almost as good, but were a heluva lot cheaper.
The point of the article is that the medical literature on medical innovation is characterized by a 'race to the top' and little attention is being paid to the economic trade-offs that routinely occur in other parts of our economy. Given our growing national interest in finding health care bargains, giving consumers the option of spending far less money is exchange for giving up a slightly greater benefit may not be so outlandish. This has implications for how comparative effectiveness research (CER) should be conducted in the short term, and what we'll need to do to bend the cost curve over the long term.
So pop quiz, hot shot. There's a health care cost inflation bomb on the body politic's bus. Once we find 2009 health reform doesn't work, that bomb is armed. If the cost curve doesn't drop, it blows up. What do you do? What do you do?
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