Watch this to see. Too many people accessing services without paying.
In 1993, $75.00 from 1958 is worth:
$374.74 using the Consumer Price Index
$323.19 using the GDP deflator
$443.27 using the value of consumer bundle
$443.11 using the unskilled wage
$715.00 using the nominal GDP per capita
$1,068.72 using the relative share of GDP
That’s compared to the $2000 1993 delivery cost, which was the only apples to apples comparison available. That still indicates a 5-fold increase in the cost of care. You’d expect some of this because of the increased quality in the form of more/better equipment on hand.
You’d also expect more, because of the drastically increased amount of regulation that health care is under, but the value of that increased regulation is very doubtful. It’s to the point that the regulatory burden impairs the delivery of care. And if it’ doubles to quintuples the cost of care, it’s also limiting access to care.
Your links aren’t working. I’m interested in reading the rest so please ping me if you get it fixed. Thanks.