Have you ever wondered why hospitals don’t compete on quality?
![Better Care at a Fraction of the Cost – Only a Plane Ride Away](https://www.goodmaninstitute.org/wp-content/uploads/2017/01/Healthcare-spending-1080x675.jpg)
Have you ever wondered why hospitals don’t compete on quality?
In business after business and industry after industry, buyers and sellers of labor services are increasingly facing a difficult problem: should workers be treated as “employees” or as “independent contractors”?
Have you ever thought about how many laws and regulations, how many taxes, how many mandated benefits and how eligibility for so many social insurance programs are dependent on whether or not a worker is an “employee”?
It’s been six years since the passage of the Affordable Care Act (Obamacare). You would think that in all that time Republicans could surely come up with something better. Yet in the race for the presidency, they haven’t.
Donald Trump and Bernie Sanders have made two important contributions in this electoral cycle. Both have pointed out that (1) millions of middle class households are being left behind as our country climbs out of the Great Recession and that (2) mainstream politicians in both political parties have no idea what to do about it.
Between Bernie Sanders and Elizabeth Warren, we’ve heard a lot about the corruption on Wall Street. But if you want to understand exactly what happened and why, read JPMadoff: The Unholy Alliance Between America’s Biggest Bank and America’s Biggest Crook.
When people are spending below their deductible they will not spend a dollar unless they expect to get a dollar’s worth of value. But when they are above their deductible they may spend a dollar even though the service is worth far less than what they pay.
Because I am often called the “Father of Health Savings Accounts” people sometimes assume that I favor high deductible health insurance. I don’t. In fact, I don’t really favor deductibles at all.
“The problem with Obamacare is that it is focused on finding the money to pay for what good health care costs; instead we should be focused on lowering the cost of health care so that people can afford it.”