Why is healthcare inflation so high?
Why is healthcare inflation so high? High medical inflation rates are also explained by overconsumption of healthcare as well as new technologies. This overconsumption comes as much from healthcare professionals as from the patients themselves. Likewise, the use of new and more efficient technologies ineluctably leads to an increase in prices. What is the medical inflation rate for 2020? The change in the CPI for medical care between 2018 and 2020 is 4.1%. What is the rising cost of healthcare? Health spending in the U.S. increased by 4.6% in 2019 to $3.8 trillion or $11,582 per capita. This growth rate...