How does the presence of insurance factor into healthcare? Are costs higher because it exists?

Question

How does the presence of insurance factor into healthcare? Are costs higher because it exists?

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Answer 1

I remember reading a report that explained why prices are more expensive due to health insurance. They did this by comparing dental costs to medical costs. Since less people have dental insurance their costs haven’t risen as dramatically. Basically what the report said is that insurance raises the pool of money so prices go up to meet the pool of money. Without insurance you are limited to what an individual can afford to pay.