Patients pay only 14% of health care costs? Wow.
Posted by Clark Venable on 12/16/2007
Free the market; Government interference hampers healthcare reform
"In a system in which medical care seems free or is artificially inexpensive, with someone else paying for one's healthcare, medical costs spiral out of control because we are encouraged to demand medical services without having to consider their real price. For every dollar's worth of hospital care a patient consumes, that patient pays only about 3 cents out of pocket; the rest is paid by third-party coverage. And for the healthcare system as a whole, patients pay only about 14%."
This article has several nice pieces of data.
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