Share This Article with a Friend!


Competition, Not a Cartel, Can Cure What Ails Health Care

Hunt Lawrence and Daniel J. Flynn, The American Spectator

Hospitals gouging patients occurs most glaringly in places where hospitals operate as a monopoly and in emergency situations. The common denominator in both circumstances involves the inability to compare and shop. Change soon comes, and not necessarily legislative change of the Medicare for All variety. Data stored in the cloud and available via an app may make medical costs and outcomes transparent, which should reduce cost. Medicare for All will retard this process since the whole health-care industry will lobby against the smartphone apps, and the consolidation of the entire industry necessarily leads to less competition.

https://spectator.org/competition-not-a-cartel-can-cure-what-ails-health-care/