Why does Healthcare go up Every Year?


We have something in our healthcare system called cost shifting, which I want to talk a little bit about. And it’s that if you have Medicare, for example, you’re as, as a provider are reimbursed one rate. But if you have private insurance, you’re reimbursed two rates. That’s what is known as a healthcare cost shift. Some people charge more than others because some people pay less. We have a lot of government regulation in healthcare. Medical malpractice really needs to be reformed a bit. Physicians kind of go without medical malpractice coverage now because we could use some tort reform when it comes to that. Just a couple of things that kind of contribute to the cost of health care.

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