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The obscenely high prices for medical costs are a result of the decades-old Unholy Alliance among the insurance companies, the drug companies, and the AMA. If you believe you can simplify it by blaming it on one political party, you're a victim of their propaganda.
Mind you, I live in New Zealand, where hospital visits are paid by the government, using our average 22% income tax to finance it all.
You in the USA ? Well, you're doing it wrong if companies are making money off the people's healthcare.