Now let's compare those to the costs of categories where the government is not as involved and where the free market generally sets prices. Huh. All of these have inflation adjusted decreases in price.
Huh.
Showing posts with label Healthcare costs. Show all posts
Showing posts with label Healthcare costs. Show all posts
Tuesday, April 30, 2019
Want Lower Prices? Reduce Government Involvement.
Think medical care is getting too expensive? How about the cost of college? These are both categories in which the government is heavily involved and which get lots of government subsidies.
Now let's compare those to the costs of categories where the government is not as involved and where the free market generally sets prices. Huh. All of these have inflation adjusted decreases in price.
Huh.
Now let's compare those to the costs of categories where the government is not as involved and where the free market generally sets prices. Huh. All of these have inflation adjusted decreases in price.
Huh.
Monday, April 3, 2017
Healthcare Cost Growth in One Chart
Why have healthcare costs grown so rapidly? One significant factor is the wild growth of administrators employed in the system to comply with the thousands up thousands of government mandates and regulations. A hospital might be able to afford a botched procedure now and then, but they clearly can't afford to have the wrong number of minority employees or use the wrong reimbursement codes.
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