Yeah that's the scary thing. The actual cost is much higher. How much of this is inefficiency/"overcharging" is up for debate but it's pretty clear that since

Yeah that's the scary thing. The actual cost is much higher. How much of this is inefficiency/"overcharging" is up for debate but it's pretty clear that since the bulk of the cost of healthcare for most people is paid by someone else, there's no incentive to economize. Plus modern medicine is AMAZING, but the surrounding economy isn't strong enough to support it. People simply aren't productive enough to pay for the cost of the most advanced treatments.