Bringing down costs while expanding the number of people getting healthcare was never in the cards unless someone had a magic machine to mint thousands of new doctors and not have to pay for patented medicine. Not to mention enormous tort reform.
However, the increase in costs did slow after ACA:
> … unless someone had a magic machine to mint thousands of new doctors.
That exists. Just buy them from overseas.
Grant special visas to doctors who commit to working at clinics for X years. Pay them some guaranteed wage that’s higher than they make in their homeland and they’ll take the deal.
That would increase the supply of providers, which shifts costs down due to basic economics.
Sure it’s not “fair” to the rest of the world, but that’s not our problem to solve. Too bad the AMA hates this idea.
>Grant special visas to doctors who commit to working at clinics for X years. Pay them some guaranteed wage that’s higher than they make in their homeland and they’ll take the deal.
Do those folks get bodyguards to keep the ICE thugs from disappearing them? If not, I'd expect they wouldn't come here for any price. Just sayin'.
Which was another stupid part of the ACA. Capping profits at 12% of the gross just means the only way to increase profits is to increase your costs. It directly incentivizes raising prices!
However, the increase in costs did slow after ACA:
https://cepr.net/publications/health-care-cost-growth-slowed...