RAND Health Insurance Experiment - by Robin Hanson

[I finally begin to post on the "Hansonian" view of medicine, mentioned here, here, here, here.]

[I finally begin to post on the "Hansonian" view of medicine, mentioned here, here, here, here.] How useful is medicine, to the average person, wondering if he should go to the doctor or skip it? We have perhaps a million medical studies, but how do we combine them into a total estimate of the value of medicine? It is hard to see how to correct for many potential biases such as fraud, funding bias, treatment selection bias, publication selection bias, and so on. These biases can be partially overcome by focusing on studies of the aggregate effects of medicine on the general population,…

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