Many health economists believe that President Obama's 2010 healthcare reform bill and other measures proposed by policymakers to reduce the growth of healthcare costs will have only a limited impact because

Question

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The main source of higher costs in healthcare is medical advances which often come with high prices. The healthcare reform bill and other measures may help to reduce costs in certain areas, but they are unlikely to have a significant impact on the overall growth of healthcare costs. Providing universal coverage may be expensive, but it is not the main factor driving up costs. Lawsuits and competition may also be factors, but they are not as significant as medical advances.

Many Health Economists Believe That President Obama's 2010 Healthcare Reform