Markets work when consumers can compare prices and choose among competitors. Healthcare should be no exception.
Americans are clamoring for relief from soaring healthcare prices.
Thankfully, Congress seems to be looking in the right place for the answer.
Last week, members of a House Judiciary subcommittee heard testimony on “the effect of mergers, certificate of need laws, regulations, vertical integration, and fraudulent insurance practices on healthcare access and affordability.”
The message coming out of that hearing couldn’t be clearer.
Hospitals sit at the center of America’s healthcare affordability problem. And without targeted efforts to bring greater transparency and competition to the hospital market, lawmakers will struggle to lower prices — and calls for more affordable healthcare will remain unanswered.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
Consumer Choice Should Apply to Hospitals as Well
Sally C. Pipes
Markets work when consumers can compare prices and choose among competitors. Healthcare should be no exception.
Americans are clamoring for relief from soaring healthcare prices.
Thankfully, Congress seems to be looking in the right place for the answer.
Last week, members of a House Judiciary subcommittee heard testimony on “the effect of mergers, certificate of need laws, regulations, vertical integration, and fraudulent insurance practices on healthcare access and affordability.”
The message coming out of that hearing couldn’t be clearer.
Hospitals sit at the center of America’s healthcare affordability problem. And without targeted efforts to bring greater transparency and competition to the hospital market, lawmakers will struggle to lower prices — and calls for more affordable healthcare will remain unanswered.
Read the entire op-ed here.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.