Skyrocketing because government said they would foot the bill (aka we will foot the bill).
Similar to the situation with student loans. Government loans to student who pays the school. School realizes it can get more money by raising prices. Therefore the government gives more loan money to the student.
Same thing here. Take government out of healthcare and I bet the numbers decrease and stabilize once again.
Similar to the situation with student loans. Government loans to student who pays the school. School realizes it can get more money by raising prices. Therefore the government gives more loan money to the student.
Same thing here. Take government out of healthcare and I bet the numbers decrease and stabilize once again.