Problem
Researchers at Stanford and the University of Pennsylvania estimated that a healthy human life is worth about $129,000. Using Medicare records on treatment costs for kidney dialysis as a benchmark, the authors tried to pinpoint the threshold beyond which ensuring another "quality" year of life was no longer financially worthwhile. The study comes amid debate over whether Medicare should start rationing healthcare on the basis of cost effectiveness.
Why might Medicare ration healthcare according to treatment that is "financially worthwhile" as opposed to providing as much treatment as is needed by a patient, regardless of costs?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.