Why the Free Market Isn’t a Cure-all for Healthcare

It’s comforting to think that most healthcare problems in the U.S. could be solved by letting the power of an unregulated free market do its work.

It’s also wishful thinking and overly simplistic, according to Peter Ubel, MD, a general internist, behavioral scientist, and Duke University public policy professor who blogs for Forbes and The Atlantic.

That’s a sentiment that many of his fellow physicians would dismiss out-of-hand, so don’t let it be said that Ubel shies away from controversy.

In his writing, Ubel has explored whether physicians should pray with their patients. He’s asked whether the primary care shortage is a myth and asserted that physician pay is too high in the United States. He’s theorized that more transparency in healthcare could actually increase prices… (Read more at Medical Economics)

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