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A colorful illustrated montage of money, people in suits, and pills – business, politics and policy coverage from STAT — Mike Reddy for STAT

You’re reading the web version of Health Care Inc., STAT’s weekly newsletterfollowing the flow of money in medicine. Sign upto get it in your inbox every Monday.

We did something a little different for this issue: We wanted to share some of the stories that explain the machinations of the U.S. health care system — stories that really influenced how we think about and report on this industry. Drop us a line to let us know which stories have resonated with you over the years: [email protected] and [email protected].

‘It’s The Prices, Stupid’

Everyone’s first major encounter with the health care system usually results in surprise and confusion. Whether it’s childbirth, caring for a family member, or dealing with one’s own injury or illness, a bill inevitably comes in the mail leaving most people asking, “Why does everything cost so much?” The answer invariably comes back to a popular 2003 journal article from a quartet of health economists titled, “It’s The Prices, Stupid.”

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‘It’s The Prices, Stupid’

This article is exclusive to STAT+ subscribers

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