The problem is primarily that we pay radically more for the same procedures, tests and medications than any other first-world country. Until we adopt one of the proven price control systems other first-world countries have used for decades –single payer or all-payer — our health care cost will continue to grow at a crushing rate.
|By: Jon Walker Monday May 21, 2012 9:10 am|
American health care continues to get more expensive, but the increase is driven by us getting overcharged more for the same services and not by us utilizing more health care. This is a key finding of a new Health Care Cost Institute report on 2010 health care costs.