I don't have great solutions to this problem, and I know little of health care economics. But I think we might have to start proposing the ugly words no one wants to hear. Is it time for rationing? I've written about this in the past and I'm sympathetic to the concept that health care should not be rationed - that it would be ideal not to have a limit on how much a patient can get. Who's to say which medications or surgeries or visits should be covered and for which patients? But now that we are stuck between a rock and a hard place, these ideas are going to resurface. It's time to become practical.
For example, what if I raised a highly controversial idea: changing the gestational age of premature infants who we resuscitate. Depending on the hospital, preterm infants around 23 weeks are the youngest to be resuscitated. If a woman delivers a fetus prior to 23 weeks, then the fetus is not resuscitated; if the gestational age crosses the threshold, then resuscitation can be pursued. Here are the statistics:

Now I want to be clear: I'm not proposing or advocating this. It is fraught with moral and ethical issues. It doesn't take into account changing technologies that may allow more effective resuscitation and care of premature infants. It would stimulate outcries from mothers whose premature babies are doing wonderfully, and perhaps mothers whose premature babies are not. I'm hardly an expert in this subject; I haven't done pediatrics for two years. But I only raise this point to show that if we are to control costs, one possible approach is to identify populations of patients, medications, or interventions whose health care costs outweigh the benefits they reap. I apologize to anyone who may be offended by my example.
Image of neonatal mortality by gestational age 1995-1997 is shown under Fair Use, from UpToDate, adapted from Alexander et. al, Pediatrics 2003.
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