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In inflation-adjusted 2010 dollars, it increased annually from $1,082 to $8,218 - a 7.6-fold rise.
In 1942, Christ Hospital, NJ charged $7 per day for a maternity room. Today it's $1,360.
In 1980, a typical US hospital room cost $127. Today it's multi-fold higher.
A 2011 survey of 11 Ohio hospitals found daily hospital room prices ranged from $688 - $2,425. Cost averaged $1,393. The median price was $1,322.
Obama's Affordable Care Act promises higher costs. Doing so will deprive growing millions of vitally needed care. Many won't get any. Others will get much less than needed. Insurers and other predatory giants will game the system.
They'll charge whatever they wish. Regulatory freedom permits it. They'll take full advantage.
On February 1, Yves Smith headlined "IRS anticipates Cheapest ObamaCare Family Plan will be $20,000 in 2016."
It's the cheapest one for a family of five. At the same time, credits are available for families who "lack affordable coverage." Whatever is provided won't match annually rising costs.
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