Jon R. Gabel writes in the New York Times today, saying that we shouldn’t fear the cost of health care reform because the CBO has a long history of underestimating the savings from reforms.
In the early 1980s, Congress changed the way Medicare paid hospitals so that payments would no longer be based on …
I should know by now that whenever I try to explain something John Stossel has already explained it better. First, he delivers a great quote about why competition keeps prices low.
In a free market, a business that is complacent about costs learns that its prices are too high when it sees lower-cost competitors …
Why does healthcare in America seem so broken? There’s actually a very simply reason: the people receiving the care are not the people paying for the care. As always, he who pays the piper calls the tune. Russ Roberts breaks it down:
So why doesn’t a hospital work better? The answer I think, is …