Healthcare: Government — not technology — is driving prices up

Source: Ludwig von Mises Institute
by Michel Accad

“Should we blame technology for the growth in healthcare spending? Austin Frakt, a healthcare economist who writes for the New York Times, thinks so. Citing several studies conducted over the last several years, he claims that technology could account for up to two-thirds of per capita healthcare spending growth. … should we accept the proposition that technology is the culprit for healthcare spending growth?” (02/16/17)