Lowering the Cost of Medical Education

Source: Penn Medicine News, November 1, 2013 In a perspective published this week in the New England Journal of Medicine, David Asch argues that lowering the cost of health care requires lowering the cost of medical education. Asch and co-authors write “if we want to keep health care costs down and still have access to well-qualified physicians, we need to keep the cost of creating those physicians down by changing the way that physicians are trained. From college through licensure and credentialing, our annual physician-production costs are high, and they are made higher by the long time we devote to training.”