More from Kessler, who is saying that technology will reduce the need for drugs by preventative medicine. This makes sense, as preventative medicine becomes cheaper health care providers will mandate that their clients take care of themselves or go uninsured. Car insurance has it figured out, drive well, pay less. Be healthy (and granted some cant be prevented), pay less.
New technologies are always expensive at first, but engineers figure out how to bring the price down. Once medical imaging technology is cheap enough — I’m not talking overnight, this will be a 20-year transition – spending on early detection for heart disease, stroke and cancer will overtake spending on chronic care. Money is often made in the first five years of these transitions. It’s early, but keep your eyes open.
