Priceless

by John C. Goodman

The most important problems that plague American healthcare arise because we are trapped. Virtually all of us - patients, doctors, caregivers, employers, employees, etc. - are locked into a system fraught with perverse incentives that raise the cost of healthcare, reduce its quality, and make care less accessible than it should be. Unfortunately, conventional thinking about how to fix those problems is marred by two false beliefs. The first is the idea that to make healthcare accessible it must be free at the point of delivery. The second is the idea that to make health insurance fair,...