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Tony Scott, professorial fellow at the Melbourne Institute of Applied Economic and Social Research, told a conference in Melbourne yesterday that overseas experience suggested Medicare Select would increase costs but not improve patient outcomes.

“As an economist you would think choice and competition are good [but] in the health system, choice and competition are often bad things,” Scott has told Weekend Health .

“There was a recent paper from the World Bank that countries that had changed to tax-based social insurance systems had high costs and poor outcomes. There’s quite a lot of evidence to suggest that you don’t want to go down the road of social insurance systems.

“Then there’s evidence from the US that shows that patient choice of health plans doesn’t really have much of an impact because patients don’t really have much information on [which plan to join].”

via The Australian.

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