Why are U.S. healthcare costs so high?

The Incidental Economist website has a helpful explainer video. The truth is that higher cost is due to both higher prices and more utilization of healthcare goods and services. It is not caused by any one stakeholder within the healthcare ecosystem. Reducing health care costs would require significant--and often painful--tradeoffs.

Originally posted at Healthcare Economist.?

The views expressed herein are those of the author and not necessarily the views of?FTI Consulting, Inc., its management, its subsidiaries, its affiliates, or its other professionals.