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How much for an amputation or checkup? It takes a complex formula and a committee of doctors to set the price for every possible health care procedure

By Simon F. Haeder, Associate Professor of Public Health, Texas A&M University

Modern medicine is remarkable.

Conditions like HIV/AIDS and hepatitis C were once virtual death sentences. Both can now be treated easily and effectively.

But for Americans, the wonders of modern medicine come at a steep cost: Total U.S. health spending exceeded…

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