Health care costs keep rising. Liberals blame greedy drug companies and Conservatives blame avaricious trial lawyers. Both may be right, but there's a third cause. As the amount of our health care that is picked up by insurance providers rises so does the cost of that care. Health care providers simply charge what the market will bear. As long as insurance companies pay the bulk of the expenses, providers will charge all they can get.
There's a chart here that shows the inverse relationship since 1960 between health care cost and out-of-pocket spending on that care.
Thanks for the tip to No Left Turns.
