Medicare Regulation Causes Shortages of Cancer Drugs - Megan McArdle

``What's happening now is, by the way, exactly what many conservatives have predicted: crude rationing of needed care.  Generally, they've been met by accusations of alarmism, if not indignant condemnation for giving aid and comfort to the "Death Panels" meme. With all that waste in the medical system, how could it not be possible to make things better if you put some really smart people in charge of identifying what works, and making smart rules about pricing and provision?   ''