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Rapidly rising health care costs have been a prominent political issue for decades. Since at least the 1970s, health care costs have increased faster than
Rapidly rising health care costs have been a prominent political issue for decades. Since at least the 1970s, health care costs have increased faster than inflation. At the same time, wage growth in the U.S. has been relatively slow since the 1970s. Since payment for health insurance is typically through an employer in the U.S., concerns have been raised that perhaps rising health care costs have crowded out other forms of compensation
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