[zarro]

Contrarian viewpoint: NOT focusing on the profits is the cause of the problem.

Hypothesis: Prices are high because of inefficiencies in the markets caused by bad laws attempting to subsidize one class of people by another. Hospitals aren't able to refuse treatment by law to those that can't afford to pay for their services and insurance companies are coerced to insure unprofitable people by law and the net effect is to try and coerce people into a redistribution of money from people that require more care from those that require less care to cover these expenditures.

Because there is no mechanism to coerce people to do this willingly that's efficient enough for the increasing demands of those requiring care, both industries to give the invoices to the government (who created the problem) thereby getting rid of the requirement to think about how they will fund their expenditures - making it the governments problem to figure out.

This thereby allows them to continue uncontrolled expenditure resulting in exuberant prices in an ever increasing downward spiral to catastrophe as in effect they are spending 'other peoples money' in the hopes that "eventually these invoices will be paid" through some sort of government sponsored coercion mechanism forcing socialized heath care or some other such method with the same result.

Its really quite simple and clever and funny how it still works.

-5% of the population accounts for more than half of all health spending.

-50% of the population with the lowest spending accounts for only 3% of all total health spending.

Edit: Anytime I share this viewpoint, a bunch of either misguided or prejudiced people downvote me. I'm guessing its because they don't understand the argument completely, or see its logic, but disagree with its implications.