The Iron Law: Medical Costs = Medical Incomes is the same as the identity specified by health economist Uwe Reinhardt as the Alfred E. Neuman's Cosmic Law of Health Care, "Every dollar of health spending is someone else's health-care income, including fraud, waste and abuse."

Question

Quizplus · Accepted Answer

Both statements essentially convey the same concept, that all money spent in the healthcare system ends up as income for someone within that system, highlighting the interconnectedness of healthcare expenditures and incomes, including negative aspects like fraud and waste.

The Iron Law: Medical Costs = Medical Incomes Is the Same