Levy's Law of Health Care

Levy's Law of Health Care states that the overall quality of healthcare improves with increased investment in health services, but only up to a certain point. Beyond this point, additional spending yields diminishing returns, meaning no significant betterment in health outcomes. Essentially, investing enough in healthcare is crucial for good results, but continuously increasing costs beyond optimal levels does not necessarily lead to better patient care. The law emphasizes the importance of balanced, efficient resource allocation to maximize health benefits without unnecessary overspending.