Houston (and the Rest of the US Healthcare System): We Have a Price Problem

Want to know why we spent so much on healthcare in United States? There are lots of reasons. Our population is aging, the rate of diabetes is rising, and the healthcare industry keeps developing wonderful but expensive new technologies to treat our ailments. But more than anything, we have a price problem. It’s price increases that account for the majority of growth in healthcare spending. Here’s a figure from an article in JAMA, showing these trends from 2000 through 2011:

Houston We Have a Price Problem

 

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