A different take on where all the money's gone
My funding for this work is coming from the Commonwealth Fund - a fascinating organisation based in New York. They have recently published a comparative assessment of international health systems. An intriguing graph is available here http://www.cmwf.org/chartcartcharts/chartcartcharts_show.htm?doc_id=402690 . It gives an interesting corrective to a lot of the debate around UK health expenditure. What is clear from this is that while there has indeed been an historically rapid increase in spending it is not disimilar to the increases across western health systems. This raises the interesting hypothesis that the cost of health care, independent of any governmental intevention, has increased in the last few years, and that the increases were simply what was required to meet these rising costs. In the UK we know that much of the additional expenditure went on increased pay for health care professionals and increased drug costs (including the costs of introducing new technologies). (see e.g. http://www.kingsfund.org.uk/resources/publications/spending_on.html). It would be interesting to know if similar work has been done looking at where the money went elsewhere.