New York: Americans spend the most money on cancer treatment in the world at $200 billion, yet patients are faring less well, a surprising report has said.
The other side of the research is that spending a lot of money doesn’t always mean better cancer treatment results. In other words, higher spending does not translate into a reduction in mortality, and very little difference is seen.
The research was conducted by Ryan Chu of Yale University and his colleagues. “Our system keeps pushing us towards new treatments, and they are introduced much faster in developed countries than in other countries.” We have to understand whether it is a better treatment for cancer or not.
According to Ryan, each American spends an average of $600 on cancer, compared to only $300 in other richest countries. This raises the question whether there is any benefit from it or not. Another important point is that money spent in rich countries such as Japan, Finland, Korea and Switzerland has shown a clear difference in the reduction of deaths.
Experts have emphasized to consider this issue.