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Medicare Policies May Be Saying No Cost Is Too Great

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Published: Friday, 20 May 2011 | 6:46 PM ET
By: Jeffrey Weiss, |Special to CNBC.com
Healthy Business - A CNBC Special Report

But even tiptoeing into this discussion means navigating a political minefield where “death panels” lurk, she acknowledges. The intention of their paper, she says, is to raise a point that is too often lost.

“We hoped people would acknowledge and understand that Medicare-approving technology makes it the law, in a sense,” she says. “It is the ethical angle that has been missed.”

She and Kaufman figure that parts of the 2010 health-care reform law might nudge the system into considering the costs of treatment — and the government’s own influence on what becomes expected and demanded by patients. But they say not enough has been done.

“The key question — what cost is too much? — has not been addressed by legislation or coverage decisions,” they write. “It can only be addressed in a new approach that understands and considers the links among evidence-based therapeutics, payment criteria, and the making of standards, options and need.”

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The government is making an increasing number of expensive life-saving or life extending drugs and devices available to more people, but is that the right thing to do and can we afford it, anyway?
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