Two economists working at Dartmouth, Katherine Baicker and Amitabh Chandra, found that the more money Medicare spent per person in a given state the lower that state’s quality ranking tended to be. In fact, the four states with the highest levels of spending—Louisiana, Texas, California, and Florida—were near the bottom of the national rankings on the quality of patient care.
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A really excellent New Yorker story about the state of healthcare costs in America.
Annals of Medicine: The Cost Conundrum: Reporting & Essays: The New Yorker
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