A bitter prescription. Faced with several federal probes into its practices, Columbia/HCA Healthcare ousts its dynamic CEO.
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More than any other Republican on Capitol Hill, Rep. Charlie Norwood has forced his party's leaders to confront an issue that they had wished would simply go away: American's dissatisfaction with their health insurance plans.
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Americans delude themselves if they think that the rising tide of medical costs can be stemmed for long without sacrificing some beneficial care. Elimination of waste from the medical system can achieve large savings. But these savings cannot offset for more than a few years the cost-increasing effects of new medical technology and an aging population. Comparing the American experience with the rationing of health care in Britain, these authors conclude that though the differences are substantial between the two countries, the United States may well need to apply similar constraints, and that Americans will no longer be willing to support a system of unlimited medical care.
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