Greater healthcare price transparency would help fight inflation

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Runaway prices are devaluing workers’ paychecks and reducing Americans’ standards of living. Consumer prices are rising at a 41-year high of 8.5%, and wholesale prices that businesses pay are increasing at a record 11.2%.

According to a recent Gallup survey, people cite the high cost of living as by far their biggest economic problem. One way to address this inflation is by tackling its longest-running source: healthcare overcharging.

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