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Basic Data on Medical Costs

Kurt Bouwhuis, Mackinac Center Intern

CPI – All Urban Consumers: Medical Care Costs

Source: From BLS at http://data.bls.gov/cgi-bin/surveymost?cu (Check the two medical care boxes and then click retrieve data)

Next, compare this graph with the following timeline provided by PBS, which shows any significant changes in government policy that have traceable effects on the medical care industry: http://www.pbs.org/healthcarecrisis/history.htm

Finally, draw your own conclusion.

Enjoy!

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