Health Care “Market”

Many people believe that the problems in our current healthcare system are created by a failure of the free-market. Accepting such a premise, it is easy to look to some type of government intervention to  improve matters. But it is exactly this viewpoint and “solution” that created the present system. The problems of health care cannot be a free-market problem because we do not have a free-market in health care. It is highly regulated, becoming more so with each passing year. Many believe this regulation is responsible for current dissatisfaction and problems and argue that a free market would solve such problems. Background on this issue can be found here.

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