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Advances in technology drive down costs, not the reverse. They prevent diseases, reduce the need for more expensive procedures, etc.

Credentialling of doctors as it currently stands is an artificial guild system which restricts the number of doctors. It doesn't make medicine safer, but does increase doctor salaries. This is one of the ways government interferes with healthcare to artificially restrict supply-- the AMA did some effective lobbying once upon a time.

Drugs also reduce the need for hospital stays and thus costs by curing or preventing conditions that would otherwise get worse.



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