Even more relevant is the decline in prices for medical procedures like lasik and cosmetic surgery. Why? Because health insurance does not cover these procedures, they are paid for by the patient, so market forces are brought to bear. Basic supply and demand economics. I don't hear a lot of ads on the radio for gallbladder surgery, but those lasik docs sure do advertise.
Let's get the consumer back into the healthcare decision. making and you will see prices go down.