Which of the following is NOT a reason for the rising healthcare costs in the 1960s?

In the context of rising healthcare costs in the 1960s, the primary factor to recognize is that government regulation of healthcare prices typically serves to control or limit the costs rather than contribute to their rise. During that era, many countries were beginning to explore various methods of managing healthcare expenses, which often included implementing regulations intended to stabilize or reduce costs.

In contrast, factors such as physicians earning large incomes and increased health insurance offerings by employers led to a higher demand for healthcare services, contributing to rising costs. The fact that unemployed individuals faced challenges in affording healthcare also highlights a significant strain on the system that could indirectly drive costs up. Government regulation, however, aimed to mitigate excessive pricing practices rather than exacerbate them, making it the least contributing factor to the overall rise in costs during that decade.