Medical Money From 1998-2017, the cost of medical services doubled, and hospital services tripled; the CPI rose by just 50%. Why? Healthcare bills are paid by third parties like insurance companies and the government. Consumers have no incentive to monitor prices or be cost-conscious. Conversely, price inflation for the 20 most popular cosmetic procedures including Botox, eyelid surgery, facelifts, and nose jobs was 25%! It’s because these are paid out of pocket.