Root causes of high costs

Why are health care costs in the U.S. so much higher than in other developed countries?

High Factor Costs

Doctor visits, hospital days, unit drug costs, and other inputs are more expensive in the U.S. than Comments : 0 Read more

Our tort law system drives up medico-legal costs (e.g., malpractice insurance) and forces doctors to Comments : 0 Read more

A wide range of federal, state, and local government policies and regulations have been blamed for r Comments : 0 Read more

In 2012, federal, state, and local governments spent over $1.3 trillion on health care, 47% of total Comments : 0 Read more

Government subsidies to private enterprises invariably raise costs. Private health care has been su Comments : 0 Read more

Uninsured people utilize hospital emergency rooms as substitutes for primary care services because E Comments : 0 Read more

Fee-for-service (“FFS”) payment systems encourage over-utilization of doctor visits, hospital admiss Comments : 0 Read more

Supply creates its own demand, causing high cost technologies to be embraced, regardless of cost. Comments : 0 Read more

Health care services make poor commodities because consumers with asymmetric information don’t make Comments : 0 Read more

Administrative costs in the U.S. are higher because of industry fragmentation and redundancies in fu Comments : 0 Read more