Why Health Care Costs Are High: Another Piece Of The Puzzle

The more the government gets involved with a sector of the economy, the more inefficient and expensive that sector becomes. This can be seen most recently by looking at charts of the cost of tuition at colleges in America at the point when the government entered the student loan market in force.

60 Minutes reviews another major portion of the inefficiency in the cost of health care in America. Costs will continue to skyrocket higher as Obamacare moves into place. Just as with student loans, these costs will continue to be spread out equally across the country on the backs of the American tax payer. Until the system breaks and the Greece moment arrive.