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by giaour
3447 days ago
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"Health care inflation" isn't directly comparable to the overall inflation rate, as the quality and amount of health care has been rising alongside the increasing percentage of GDP we spend on it. Compared to when the only available remedies were bloodletting and leeches, I bet we spend a lot more on the health care sector. |
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http://ritholtz.com/2012/03/comparing-medical-procedure-cost...