New study says yes, experts call it incredibly misleading
(NEWSER) - The US spends a lot more on cancer treatments than most countries, spending an average of $70,000 per case, compared to $44,000 in Europe. But it's worth it, a controversial new study argues, because American patients live an average 11.1 years after being diagnosed, compared to 9.3 years in Europe. The researchers assumed every year of life was worth $150,000 to $360,000, and hence declared that the spending pays off. But don't get too excited; experts tell Reuters the study is fatally flawed. More»