Medicare Is the Solution to High Health Care Costs

Americans overspend $750 billion in health care each year. One-fifth of our economy enriches very few at the expense of everyone else. Labs, drug companies, medical device makers, hospital administrators and purveyors of CT scans, MRIs, canes and wheelchairs are some of the entities and people reaping the financial rewards by gaming the health care system, writes Time magazine's Steven Brill in a fascinating, in-depth look at why health care prices are just "too damn high" in Bitter Pill: Why Medical Bills Are Killing Us.