For all the talk that has surrounded health care in the recent elections, both parties have been largely unwilling to propose specific policies to address the cost of healthcare in the U.S. The reason for this inaction is simple -- neither Democrats nor Republicans are willing to address the real reasons why healthcare is so expensive in the United States. Health care can be broadly broken into two sectors - services and medications. Services include everything from routine doctor visits to surgeries and emergency care. It includes the costs of the buildings, the staff, and the products used to diagnose and treat patients. Medication includes the costs to both develop and manufacture pharmaceuticals. Addressing the cost of healthcare services The cost of services is directly related to supply and demand. A high demand with a low supply will always drive up costs. However, in the United States, neither the “demand” side nor the “supply” side of the...(Read Full Article)