3 ms·
The Economist thinks things are better[1]. In that costs are not rising faster than average inflation any more. So not lower than before, but lower than was ex
by tuatoru 3y ago
The Economist thinks things are better[1]. In that costs are not rising faster than average inflation any more.
So not lower than before, but lower than was expected for 2023 a few years ago.
For those blocked by the paywall, the article lists causes for the slowing growth as: productivity improvements in paperwork, cheaper technology for dialysis, among other things, the Affordable Care Act, non-US countries insisting on generic drugs more often, and slower-than-inflation growth in median income (the rich hoovering up all the money).
1.https://www.economist.com/finance-and-economics/2023/10/26/how-health-care-costs-stopped-rising https://www.economist.com/finance-and-economics/2023/10/26/h...