What is the root cause of the rising cost of health care ?



Why is the price of health care rising much faster than the
price of other goods and services?
(See below)

What is the primary factor that has the most influence over
the price of any good or service?
(Demand relative to supply)

What happens to price when demand continues to grow faster
than supply?
(Price continues to rise at a rate corresponding to the
ratio of demand to supply)

The answers to all three of these questions are highly
related, and directly address the root cause of rising
health care costs.


.



Relevant Pages

  • Re: The Root Cause of Rising Health Care Costs
    ... lacks sufficient price elasticity of demand. ... Find a way to add price elasticity of demand to health care. ... enterprise system in the US. ...
    (sci.econ)
  • Re: What is the root cause of the rising cost of health care ?
    ... It couldn't have anything to do with the fact that demand is unconstrained by increases in price? ... What I mean is when one considers the information asymmetry existing between physicians and patients who's really responsible for demand and driving cost? ... This is hardly the case in the health care setting as outlined above. ...
    (sci.econ)
  • Re: The Root Cause of Rising Health Care Costs
    ... lacks sufficient price elasticity of demand. ... Find a way to add price elasticity of demand to health care. ... if simple supply and demand was keeping cost controlled. ...
    (sci.econ)
  • Re: The Root Cause of Rising Health Care Costs
    ... lacks sufficient price elasticity of demand. ... Find a way to add price elasticity of demand to health care. ... So the existing hospitals all try to make the case ...
    (sci.econ)
  • Re: {OT:} AARP Facts about healthcare
    ... Political rationing requires price controls by its very ... What is clear is that access to health care is demonstrably and grossly inequitable now. ... There are also savings through smoothing of distribution as well as economies of scale. ...
    (rec.music.classical.guitar)

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