Market-based Principles Bring Us Quality Healthcare

Market-based Principles Bring Us Quality Healthcare

A new poll from West Health and Gallup paints a grim picture of health care in the United States. Among the survey’s most striking findings is that three-quarters of the country grades the cost of care at either a D or an F.

Critics of our nation’s market-based health system are sure to see these survey findings as evidence that the status quo is broken. But what person wouldn’t want to pay less for health care — or any other good or service they desire?

By and large, the American system does a fairly good job of making timely, high-quality care available to those who need it — which is more than can be said for single-payer systems abroad that progressives champion as models of cost control.

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