In Michael E. Porter & Elizabeth Olmstead Teisberg’s Redefining Health Care, they note that major health plans succeed by exploiting a competely artificial economy of scale. Because of the tax-code, American workers are compelled to accept health “benefits” from their employers instead of taking their health-care dollars to buy health insurance that serves their families’ needs. (I’m using more libertarian language than Porter & Teisberg do.)
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.
Crisis of the Overinsured: They Pay Up to Twice as Much for Hospital Services
John R. Graham
In Michael E. Porter & Elizabeth Olmstead Teisberg’s Redefining Health Care, they note that major health plans succeed by exploiting a competely artificial economy of scale. Because of the tax-code, American workers are compelled to accept health “benefits” from their employers instead of taking their health-care dollars to buy health insurance that serves their families’ needs. (I’m using more libertarian language than Porter & Teisberg do.)
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.