Does healthcare need a new pricing system?

John Goodman • MARCH 26, 2014

John Goodman of the National Center for Policy Analysis argues that the fundamental problem in healthcare is that there is no real, functioning price system. As a result, he says, incentives are distorted across the entire system and patients end up paying for services and care in non-monetary ways such as through time. According to Goodman, we should liberate patients from restrictions on what they can purchase and from whom, and we need to liberate doctors from restrictions on what they are allowed to provide, how they are allowed to provide it, and what they can charge. Healthcare is not a special type of market; it is a part of the economy that should be allowed to work freely, just like any other market.

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