November 18, 2016
ALMOST:
The Right Cure To Health Care (Scott W. Atlas, May 17, 2016, dEFINING iDEAS)
Facts show that private insurance is superior to government insurance for both access and quality of medical care. History shows that the best way to control prices is through competition for empowered, value-seeking consumers. Instead of shunting more people into insurance and care provided by the government, heavily subsidized by the government, or massively regulated by the government, reforms should focus on how to produce competition-driven markets that will deliver innovation and cost savings, thereby maximizing the availability and affordability of the best care for everyone. The key is to move away from centralized models based on misguided incentives necessitating more and more taxation to one of individual empowerment with personal responsibility.
The free market/private insurance model is, of course, centralized and depends on incentives, that's how you make consumers of health care act like consumers of every other commodity.
Posted by Orrin Judd at November 18, 2016 8:08 AM