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Who Is To Blame For Rising Health Care Costs?

costs health care Rising
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Who Is To Blame For Rising Health Care Costs?

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Robert Wolf, The Center for Health Care Policy, Research & Analysis, May 5, 2008 Actually I think the reasons are easier to see than one might think. Simply put, because we use a free market approach to health care in this country (even though it is anything but a free market) the companies that are supplying the service are more beholden to their share holders than they are beholden to the their policy holders. It is the exact opposite of how a free market is supposed to work. In a free market, the customer is driving force behind the delivery of goods and services. That is not how our healthcare system works. If the healthcare companies were delivering services that the customer wanted, they all would go out of business. To avoid this, they deliver a level of service that is more geared to the goals of the share holders than the goals of the policy holders. Compounding this is the fact that there are gross inefficiencies in the system (due to the fractured nature of the insurance ind

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