Tuesday, May 1, 2007

Supply-Side Health Care

Josh Hendrickson has an interesting take on the problems with US health care over on TCSDaily.

Requiring consumers to pay a deductible would give individuals the incentive to obtain pricing information and would thus cause doctors to be more forthright with their billing methods. Additionally, a market with consumers who no longer lack price information will begin switching to physicians that they perceive as offering better quality service and thus may induce some level of price competition among doctors. This type of policy is consistent with that advocated by demand-side reformers.
Worth a read if you are interested in this kind of thing.


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