The Incidental Economist | More on prices

This graph (and other similar ones) show that increases in prices have been the primary driver of health care cost increases in Massachusetts (hospital inpatient care shown here).  Full report of the Special Commission on Provider Price Reform. On a related note, higher prices are the primary reason the U.S. spends so much more on health care than do other nations. As Uwe Reinhardt once said “its the prices stupid.”

via The Incidental Economist.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s