04-22-2017, 08:03 PM
(04-22-2017, 07:29 PM)THE Bigzoman Wrote: Your explanation was fine. I'm not t too behind you. I stopped after a masters course in cost-benefit analysis; the kind that uses the NPV to determine whether or not we should do a public project.
I don't disagree that there are other things at play driving up health care costs. I'm not surprised that it's hard to observe, isolate, and quantify theses variables in a regression set.
But that isn't grounds to dismiss the idea that the rise in demand is a contributing factor to rising costs.
I can dismiss an assumed rise in demand until you show data which indicates your assumption is anything more than a guess.