And you would have me invest in, what? Rubber chicken hatcheries?
How House Bill Runs Over Grandma
By INVESTOR’S BUSINESS DAILY | Posted Friday, July 31, 2009 4:20 PM PT
. . The controlling of medical costs in countries such as Britain through rationing, and the health consequences thereof are legendary. The stories of people dying on a waiting list or being denied altogether read like a horror movie script.
The U.K.’s National Institute for Health and Clinical Excellence (NICE) basically figures out who deserves treatment by using a cost-utility analysis based on the “quality adjusted life year.”
One year in perfect health gets you one point. Deductions are taken for blindness, for being in a wheelchair and so on. The more points you have, the more your life is considered worth saving, and the likelier you are to get care.
People such as scientist Stephen Hawking wouldn’t have a chance in the U.K., where the National Health Service would say the life of this brilliant man, because of his physical handicaps, is essentially worthless . .
The British have succeeded in putting a price tag on human life, as we are about to.