It’s understandable that people with life-threatening conditions are attracted to government programs such as Obamacare. Many of these people feel they have twice lost life’s lottery: first by having a medical condition they did not ask for, and second by being saddled with extraordinary health care expenses.
Unfortunately, Obamacare provides only false security. Subsidized or even free care is of no value if it doesn’t provide the right diagnosis and the right treatment at the right time. Nor does it help to encumber hospitals, doctors and patients with massive new regulations. The only way to reduce the cost of health care while maintaining or improving quality is to permit and encourage vigorous competition.
Give the patients who consume the most health care the freedom to shop for services and make their own buying decisions and they will help drive down prices for everyone else.
Ira Brodsky is the author of The History & Future of Medical Technology.
