3 ms·

Ok so it’s been eaten by inflation. That’s exactly the point

• nradov 5y ago
  Inflation is only part of the cost increase. More healthcare services are now being delivered than 30 years ago. If your grocery bill goes up because you're eating more food that's not inflation, it's increased consumption. The problem is that now many workers are paying more and actually getting less. They're essentially subsidizing healthcare for the indigent and patients with expensive chronic conditions. Personally I think those subsidies ought to be funded by progressive income taxes, but that's a matter of debate.