Health Care’s Price Conundrum

The more expensive it is, the better it must be. That’s how people used to think about health-care costs. As has become apparent in recent years, however, this is flat wrong. The costs of care vary wildly depending on where you live—by three hundred per cent or more, as I reported in “The Cost Conundrum,” in 2009. And research has found no consistent relationship between cost and quality across the country. Some of the most expensive places are among the most mediocre.

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