Great series on costs in the NY Times by Elisabeth Rosenthal here and here.
Nice discussion of the issue with Rosenthal on Fresh Air at this link .
Medicynical Note: Why do hospitals, equipment suppliers, and drug manufacturers charge so much? Because they can. There is no competition in our non-system of health care. Rather the deck is stacked to favor everyone but the patient.
In Belgium, and virtually all other industrialized nations, the health care system limits what suppliers can charge.
Amazing