Government support and subsidies of health care increase demand without increasing supply, causing prices to rise.
Since the passage of Medicare in 1965, health care has risen in cost faster than inflation every single year. Meanwhile, less regulated hi-tec industries have produced LOWER prices for higher quality.
Now there is word that Obamacare will cause average premiums to spike more than 20 % in a single year in some states. See here.
This while U.S. GDP growth is 1% or below.
