Categories
Posts

Why Are Medical Costs So High?

Lengthy article on Time.com about why medical costs are so high – Bitter Pill: Why Medical Bills Are Killing Us, by Steven Brill.

If the question is, why do health care costs continue to be so high, the short answer appears to be: because those meeting the demand can get away with very large markups. The exception to this answer appears to be Medicare and Medicaid, though there are some limitations in that area as well.