When you go to clinic for a simple injection for allergy response they charge you $1500. The whole process takes 2 hours of stay in a clinic and doctor spends a

When you go to clinic for a simple injection for allergy response they charge you $1500. The whole process takes 2 hours of stay in a clinic and doctor spends about 15 minutes with you. When a healthy women goes to deliver normal baby in hospital, she typically gets charged $2000 per night while doctor spends less than 1 hour with patient and cost of material is almost nothing. Does this feels data or technology problem to anyone? In USA, private entities who owns clinics and hospitals have recognized that they can charge virtually anything in the name of providing "gold plated" care. All the while insurers have recognized that they can charge person $1500 premiums a month without anyone noticing because premiums are directly taken of out people's paycheck by employers. Vast majority of employed people have no clue that they are actually paying for their premiums which are almost same as what they would have paid as an unemployed person. Instead people assume that they get low cost insurance because their employers has some sort of great "group deals". So neither party has any incentive to reduce cost. Its neither a data nor technology problem, its how markets are completely eliminated out of equation by creating a law that employer needs to provide insurance even though employers are simply transferring cost to end consumers. If government creates a law that employers must not provide insurance and everyone must buy their own insurance on open market according to their preferences and budgets, I believe cost of insurance would fall dramatically in very short amount of time. This is how lot of developed countries operate and cost of equivalent quality care there is usually 10X lower precisely because of this.