Rise in health care costs remains on slower pace

  • Article by: RICARDO ALONSO-ZALDIVAR , Associated Press
  • Updated: January 7, 2013 - 9:18 PM

Federal analysts find that spending on health care remains high, but isn't accelerating.

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gleninthedenJan. 8, 13 1:41 PM

"Cutting payments to hospitals and doctors won't solve the problem, said Thorpe." How does he know it wont solve the problem? If the payments are cut enough it sure would solve the financial problem even if it doesn't solve the countries chronic health problems. Cost controls could go a very long way in bringing down the huge health care price tag but there is no impetus to do so politically. There is just too much influence by lobbyists and campaign contributors for there likely to be a significant reversal in healthcare costs. And it is a reversal that is needed and not merely a slow down in cost increases especially with a looming aging population. However, it seems as though our capitalist medical system has failed miserably at providing good healthcare at a reasonable cost. I thought the whole goal of a competitive marketplace was to drive down costs by having vendors compete with each other to provide the best goods or services for the least amount of money. But look around the world and all the other developed countries provide as good or better medical services under a socialized system for a fraction of the cost. What we have here in the US is this gravy train of a system that moneyed interests have no intention of allowing to stop. Unfortunately we keep electing politicians that serve the medical industrial complex by continuing to fuel that gravy train at the expense of the general public's fiscal interests.

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marathongirlJan. 8, 13 2:02 PM

Part of the problem is the hospitals being built. They are luxury hotels...in other developed countries you get bare minimum and mostly shared rooms. Having the latest in medical equipment is necessary, having flat panel TVs and high end waiting rooms is not.

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