Health Affairs, 27, no. 6 (2008): 1464-1465 doi: 10.1377/hlthaff.27.6.1464 © 2008 by Project HOPE	New Online   Senate Health Reform Bill   Rewarding Providers   Public Option Policy Brief   Health Reform & Abortion   Delivery System Reform

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From the Editor

Medical Technology & Spending: The Next Market Bubble?

AS THIS ISSUE of Health Affairs goes to press, policymakers are grappling with ways to stem a global financial melt-down. Many people deeply immersed in health care or health policy are watching from the sidelines with a mixture of amazement, relief, trepidation, and fear:

• Amazement that the debacle in financial services actually makes the health sector look healthy by comparison.
  
• Relief that the financial wizards who invented financial market derivatives, collateralized mortgage obligations, and credit-default swaps did not also invent health care derivatives, "collateralized health obligations," or health savings account default swaps.
  
• Trepidation that the daisy chain of sub-prime . . . [Full Text of this Article]

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