You forgot the fact that despite the push to fix insurance, the price of pharmaceuticals won't be pushed down anytime soon. Since the cost of health care has much more to do with the drugs than what hospitals/doctors charge, but nobody likes it when that is mentioned.
http://www.nytimes.com/2009/08/08/us/08lobby.html
If anybody can find a relatively recent estimation of how much our medicare obligation is pharmaceutical spending, I'd love to see it.
Within Medicare, prescription drugs account for 11% of total Medicare expenditures and are projected to be 13.5% of total expenditures by 2021 [1].
Further, the prescription drug benefit ("Part D") has cost about 30% less than estimated by the CBO when the Medicare Modernization Act was passed (2003) [2]. This is due to a variety of factors, but a huge one has been lower-than-expected growth rates in per capita spending on prescription drugs, estimated at 4% per year since 2006 [2], much lower than overall growth in health spending.
[1] http://www.cms.gov/Research-Statistics-Data-and-Systems/Stat...
Also, assuming technology can give better treatments , it can lower the drugs needed and their costs.
[1]http://www.examiner.com/article/health-care-reform-historica...