Thursday, May 9, 2013

Health Care’s Increasing Cost

                               
Health costs are rising as much as three times higher than inflation. But this is not really so. You cannot compare costs when new advances in medicine defy any true comparison of medical procedure and achievement. 

The government factors in efficiency in its cost-of living statistics, but overlooks it when it comes to health statistics.

So, much of the health care inflation talk is bogus, and used for political objectives. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)                                    

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