October 1, 2013
MISH'S Global Economic Trend Analysis (cited by Time magazine, among others, as one of the best economic blogs)
by Mike "Mish" Shedlock
In rural areas, competition is not even possible. In urban areas, competing health plans and hospitals drive the cost of care higher.
Health Affairs ( http://content.healthaffairs.org/content/early/2013/09/13/hlthaff.2013.0...)
Los Angeles Times (http://www.latimes.com/business/la-fi-insure-doctor-networks-20130915,0,...
Is $1,721.75 the bill you'd expect for treating a cut?
Health spending for 2012 is estimated to have totaled $2.8 trillion, 17.9% of GDP, $8,952 per capita.
Hospital prices diverge wildly, U.S. data show
By Chad Terhune and Ben Poston
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