The Dartmouth Atlas releases this afternoon a really cool interactive atlas showing the disparity in Medicare spending between states AND showing the relative growth rates in spending between metro areas. Fabulous graphics, fantastic research and much much more grist for the mill — why was annual average growth in Medica spending from 1992 to 2006 in Miami, FL, 5% while it was only 3% in Los Angeles, California?
And don’t forget what Einstein said about compound interest.
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Ravi —
You do not understand correctly. Read the legend under the map, and recall that all Medicare enrollees are “old”.
Matthew asks:
> why was annual average growth in Medica spending
> from 1992 to 2006 in Miami, FL, 5% while it was
> only 3% in Los Angeles, California?
Hypothesis: because LA has historically been a high-intensity region and can’t get get much more intense, whilst Miami had historically been a lower-intensity region and is getting on the gravy train, oh, I mean “no longer denying care”.
t
Florida is place where people retire….one of the state song is something like we take care of old people. If I understand correctly, spending may be not out of line.
rgds
ravi
http://www.biproinc.com