Sunday, September 20, 2009

Regulation Dramatically Increasing Cost of Health Care

Medicare, as well as private insurers, approves of a clunky $8000 computer for its speech synthesizing software but will not approve of a $300 iPhone ($100 now!) with a $150 application that serves the same purpose. Their reasoning? The worry is that these patients will use a device such as an iPhone for other purposes unrelated to their medical condition, e.g., browsing the web. Is this reasonable? If so, is it worth the cost?

Update: A letter to the New York Times from famed film critic Roger Ebert, who is facing the same dilemma.

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