In the previous article in this series on healthcare costs, we examined the role that medical insurance plays in increasing demand for medical services, since the ready money made available through insurance chases a...
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Tim Patrick
Why Healthcare Costs So Much – Part 5
The Affordable Care Act (ACA), passed in March 2010, had three major goals: (1) make affordable health insurance available to more people; (2) expand Medicaid to cover more low-income adults; and (3) lower the cost of...
Why Healthcare Costs So Much – Part 2
Before we attempt to isolate the sources of high medical care costs, we first need to identify exactly what we mean by medical care. As it turns out, "healthcare" means different things to different people. Some focus...
Why Healthcare Costs So Much
Healthcare is perhaps the most visible domestic policy concern for Americans here in 2017. Whether it is the president and Congress arguing over the fate of Obamacare or the constant stream of TV commercials for old...