If you have the stomach for it you can read Steve Brill’s lengthy and distressing article at Time on why we pay such high prices for healthcare here in the United States. If you don’t, I’ll summarize it in one sentence for you. We pay more for healthcare than anybody else in the world due to overcharging, too much treatment (AKA “churning”), and inefficient care.
Attributing our high costs to the cost of technology is laughable. Such high technology costs are not reflected in the balance sheets of hospitals and other healthcare providers. Further, other countries where technology is used even more extensively than it is here do not pay nearly as much as we do. The high prices go to wages.