Editing Socialized medicine (section)

===Innovation===
Some in the U.S. argue that if government were to use its size to bargain down health care prices, this would undermine American leadership in medical innovation.<ref>{{cite news |author=Tyler Cowen |author-link=Tyler Cowen |url=https://www.nytimes.com/2006/10/05/business/05scene.html |title=Poor U.S. Scores in Health Care Don't Measure Nobels and Innovation |archive-url=https://web.archive.org/web/20110708213302/http://www.nytimes.com/2006/10/05/business/05scene.html?_r=1&oref=slogin |archive-date=July 8, 2011 |url-status=live |newspaper=[[The New York Times]] |date=October 5, 2006}}</ref><ref>{{cite web |author=Julie Chan |url=http://www.cato.org/pub_display.php?pub_id=4664 |title=We're Number 37 in Health Care! |archive-url=https://web.archive.org/web/20080411014948/http://www.cato.org/pub_display.php?pub_id=4664 |archive-date=April 11, 2008 |url-status=live}}</ref> It is argued that the high level of spending in the U.S. health care system and its tolerance of waste is actually beneficial because it underpins American leadership in medical innovation, which is crucial not just for Americans, but for the entire world.<ref>{{Cite news| last = Kling   | first = Arnold   | author-link = Arnold Kling  | title = Two health-care documentaries | periodical = The Washington Times   | date = June 30, 2007 }}</ref>

Others point out that the American health care system spends more on state-of-the-art treatment for people who have good insurance, and spending is reduced on those lacking it<ref name="krugman-wells-nyrb" /> and question the costs and benefits of some medical innovations, noting, for example, that "rising spending on new medical technologies designed to address heart disease has not meant that more patients have survived".<ref>{{cite web |author=Maggie Mahar |url=http://alternet.org/story/81142/?page=1 |title=The Mythology of Boomers Bankrupting Our Healthcare System |archive-url=https://web.archive.org/web/20090214142005/http://www.alternet.org/story/81142/?page=1 |archive-date=February 14, 2009 |url-status=dead |work=Health Beat |date=April 10, 2008}}</ref>