Bill Smith – Rationing Medicine
An episode of the Next Round podcast, hosted by Pacific Research Institute, titled "Bill Smith – Rationing Medicine" was published on May 23, 2023 and runs 30 minutes.
May 23, 2023 ·30m · Next Round
Episode Description
Bill Smith of the Pioneer Institute in Massachusetts joins Wayne and Tim to discuss his important new book "Rationing Medicine", which focuses on an obscure economic concept called QALYs – or quality adjusted life years. Government bureaucrats in Europe use QALYs to deny access to life saving medications for patients. Some in the U.S. are pushing for the adoption of QALYs as a way to address high prescription drug costs. Learn how QALYs would jeopardize health care innovation and harm patients.
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