Word: hsiao
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Nevertheless, Hsiao maintains that the same standards of efficiency must be applied to medicine as any other industry...
...basic standard of care--moving towards a system like the American one where certain health care services are provided free to the poor--will likely also be part of Hsiao's proposal...
...Medicare in the U.S., Hsiao said too much money was spent on patients' visits to specialists...
Doctors both in America and Hong Kong say Hsiao, trained as an economist, is largely ignorant of the realities of practicing medicine...
Rather than being cynical about doctors' monetary motivations, Hsiao says that he recognizes the reality that incentives will effect people's behavior--including doctors...