True. This was in 1980.
You can blame inflated medical costs on Government meddling, lawyers and non workers who want free everything in exchange for votes.
Here’s a seldom seen factoid - Obama’s wife got a job at a University Medical Hospital when he was a Senator. It paid $380K/year IIRC. Her job was to convince some non paying potential patients to seek treatment elsewhere.
Yes, it appears we’ve gone full circle. Insurance to pay rising medical costs. Costs go up to meet supply $$ because insurance pays. Insurance goes up. Uncle Sugar steps in to help with costs. Costs soar like eagles run amok to meet the supply of $$. Things snowball, but it isn’t snowing any more.