Princeton economist, Uwe Reinhardt, contributes regularly to The New York Times Economix Blog. Recently he wrote, in
“Health Care Payers Push Back Against Costs“ that high U.S. healthcare costs are driven by several factors:
American’s over-use of high-cost/high-tech services owing to some American’s being over-insured.
High administrative costs (mostly in the health insurance area)
Higher prices paid by Americans for [...]
I teach principles of economics courses and a course in the economics of healthcare at Southern Oregon University.
