The reason why the health care systems of developed countries are so dysfunctional is that most of the time patients are not spending their own money; they are spending someone else’s money.
COMMENTARIES
The Biggest Threat To ObamaCare Is Already Written Into Law: No Insurance Industry Bailouts
When Barack Obama was campaigning for the presidency in 2008 and when he was selling ObamaCare to the public in 2010, he made insurance companies the villains.
How Much Should We Spend On Patients At The End Of Their Lives?
Every year about 5 percent of Medicare enrollees die. And before they die, Medicare spends a great deal of money on them.
What Hillary Clinton Doesn’t Understand About Health Care
It’s been more than 20 years since Hillary Clinton undertook a failing effort to reform the entire health care system.
What Should We Do About Expensive Drugs?
Let’s say a drug has been shown to extend the life of terminally ill patients by months or even years. How much should we pay for it? Is there such a thing as a drug’s being too expensive? If we say “yes,” aren’t we putting a price on what a life is worth?
What Everyone Should Know About Rationing By Waiting
Americans like to think that our health care system is very different from “socialized medicine” in Canada. In fact, the two health care systems are far more similar than they are different.
Three Excellent Ideas From Jeb Bush: Liberate Two-Earner Couples And Liberate The Elderly
Jeb Bush has been taking a beating lately – from the talking heads on TV and radio, from some of his own backers and from the mainstream media.
ObamaCare Premium Hikes Much Higher Than We’ve Been Told
The Obama administration claims that the premium increases in the (Obamacare) health insurance exchanges are averaging 7.5 percent across the country.
Ideal Health Policy: First Do No Harm
Our health care system is a complex system. As I explained in Priceless, there is no known, reliable model of how it works.
Race To The Bottom: Competition In The Exchanges
The news isn’t good for the ObamaCare exchanges. For the coming year expect higher premiums, higher deductibles, narrower networks and an overall market that has stopped growing.