Economy
How medicine decides what an extra year is worth
HERE’S THE INTERESTING PART
A single year of perfect health holds a vastly different mathematical weight than a year strapped to a hospital bed. Planners use this precise metric to ruthlessly decide which expensive therapies get approved for the masses. If an extremely costly procedure only grants you three extra months of severe misery, the optimization formula swiftly determines that you are simply a terrible return on investment.
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