HOUSE_OVERSIGHT_020992.jpg

2.24 MB
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Extraction Summary

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People
7
Organizations
1
Locations
0
Events
1
Relationships
3
Quotes

Document Information

Type: Presentation slides / report page
File Size: 2.24 MB
Summary

The document contains two presentation slides, likely from KPCB's 'USA Inc.' project, discussing economic factors related to restructuring Medicare and Medicaid. The slides analyze the lack of price transparency in healthcare and present statistical data showing a massive increase in high-end surgeries (such as angioplasty and joint replacements) between 1970 and 2004, alongside their typical costs.

Locations (1)

Location Context
USA

Relationships (1)

Consumers Dependency Physicians
consumers depend more on the advice and guidance of physicians or other healthcare suppliers

Key Quotes (3)

"Patients are at a healthcare information disadvantage in two respects"
Source
HOUSE_OVERSIGHT_020992.jpg
Quote #1
"Unlike other 'merchandise,' healthcare is literally of life-and-death importance to consumers, making risk aversion – and price insensitivity – higher."
Source
HOUSE_OVERSIGHT_020992.jpg
Quote #2
"Total High-End Surgeries up 50x from 1970-2004, Driven by Medical Advancements + Consumer Ability to Spend Assisted by Government Payments"
Source
HOUSE_OVERSIGHT_020992.jpg
Quote #3

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