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Ask your doctor if moral hazard is right for you

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This illustrates one of the massive inefficiencies that gets built into our massively inefficient health care system by the invidious relationship that can develop between the interests of Big Pharma and those of advocacy groups pushing for “awareness” of their cause.

About ten years ago I attended an event hosted by a couple of medical academics. It was a concert at a pretty big auditorium in Denver, and the invitees were almost all participants in the academics’ prostate cancer research trials (I was there for other reasons). This was before I had begun to study the pharmaceutical industry’s role in the obesity panic, and I remember thinking at the time, who is paying for all this? (The event was on a scale that must have cost well into six figures). That’s not a question I would ask today.

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