Even if the new drug or equipment is effectively CHEAPER than the thing that it replaces? Oh wait! It never is. The medical industry has ethical issues and is putting itself out of business - but I do realize that government regulation does not help.
EVEN IF the new drug or gear is cheaper to use because the expense to develop it is what the government will not pay for and the government will not consider future savings against current costs. That welfare money has to be spent NOW to get the votes necessary at the next election.