Why have healthcare costs risen so much in the last 40 years?

by aptpupil79

It appears from my quick research that our cost per capita was on pace with the rest of the world until about 1980. What accounts for the per capita increase in healthcare costs relative to the rest of the world? To stay within the limits of the sub...why did per capita healthcare spending increase so much between 1980 and 1997? http://www.kff.org/health-costs/issue-brief/snapshots-health-care-spending-in-the-united-states-selected-oecd-countries/

Elm11

Hi there! We'd just like any contributors to keep in mind that due to our 20 Year Rule, any discussions should limit themselves largely to events no later than 1997.