Are high US healthcare costs just an illusion?

Random Critical Analysis (or RCA, in honor of the dizzying array of acronyms the author there employs) has a blog post up in response to a recent New York Times article by Austin Frakt and Aaron Carroll in which they (Frakt and Carroll) reiterate the case famously made by Uwe Reinhardt that the astronomical costs of the US healthcare system can be attributed to the astronomically high prices found in the US healthcare system (rather than, say, higher utilization), which has always seemed a pretty straightforward and obvious case to me. RCA claims that this is wrong. The…