Lord Davies of Stamford (Lab):...We all know that healthcare costs
can be enormous, particularly in areas such as North America. One
American friend of mine, who can actually afford to pay, was
recently given a bill for more than $35,000 after a two-day stay in
the Houston Medical Center. It involved a number of diagnostic
tests, admittedly, as well as the board and lodging in the centre,
but it gives an impression of the kind of costs that one can incur.
There are countries in the world...Request free trial
(Lab):...We all know that healthcare costs can be
enormous, particularly in areas such as North America. One American
friend of mine, who can actually afford to pay, was recently given
a bill for more than $35,000 after a two-day stay in the Houston
Medical Center. It involved a number of diagnostic tests,
admittedly, as well as the board and lodging in the centre, but it
gives an impression of the kind of costs that one can incur. There
are countries in the world where you can get first-class medical
care much cheaper than you can in Europe, let alone America, such
as India, but not many. Countries tend to have
medical care which is not up to the standards of North America,
Japan or the European Union, or the costs are quite exorbitant, or
in many cases both. Switzerland is another example, like the United
States, where it is both...
(CB):...There are two
messages here, one about collaboration and the other about funding.
As the noble Lord, , said, we get more than we
put in. We are asking the Government for a guarantee that we are
going to get that funding. But more important than the funding is
the power of collaboration. As chancellor of the University of
Birmingham, I am proud that it received a Queen’s Anniversary Prize
last week. When I was in India, we cited an example of the power of
collaboration between the University of Punjab and the University
of Birmingham. The University of Birmingham’s field-weighted
citation impact is 1.87. The University of Punjab’s is 1.37. When
we do collaborative research, it is 5.64. When the University of
Birmingham does collaborative research with Harvard University it
is 5.69. Its impact in collaboration is three times greater than it
is as an individual university, and that applies to all the
collaborations that we carry out with programmes such as
Horizon...
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