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For profit is probably a good theory to explain why American health care is so expensive, but it is not so good as an explanation for why the cost is increasing.

If you look at per capita health care spending over the last 50 years in the US and other first world countries what you see is that spending has increased at roughly the same rate in most of them.

That suggests that the increases aren't due to peculiarities of individual systems (e.g., the heavy dependency on for profit providers in the US) but rather due to something common to most health care systems.



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