What has happened to the cost of health care in the United States since the early 1970s?

a) What has happened to the cost of health care in the United States since the early 1970s? What has happened in other countries, countries who do not have private health insurance?

b) Why might people expect private, for profit health insurance companies to be more efficient than a government system? Why has private health insurance led to higher costs?

c) Why has private health insurance led to worse health outcomes for Americans?

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Expert Solution

Rahul Sunny answered 1 year ago

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