12.6.13

THE CASE FOR MARKET TESTS.

Last fall, Sarah Kliff at The Washington Post produced charts alleging excess expenditures in the neighborhood of $750bn on unnecessary health care.
You can see there are a whole bunch of sources for unnecessary spending that range from inefficient services to excess services and administrative costs.
Let's look at this followup and then play "Find The Missing Argument".
Obamacare doesn’t seem to do much to solve any of these problems. Reforms like these would make more sense.
The reforms referred to are procedural and organizational reforms. There's some of that in Obamacare, although the possibility that Obamacare serves as a lame stalking horse for single payer continues to rattle around in my mind.  Nowhere, though, is anybody proposing that patients pay their providers more directly for services.  Thus there's less hope of markets discovering prices.

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