“As those price-sensitivity experiments demonstrate, the ability of freely moving market prices to make health care more universal without central direction is nothing short of a marvel”.
Posts by Michael F. Cannon 🇮🇪 🇺🇸
“Government health-care subsidies, state health-insurance mandates, and sweeping tax incentives for employer-sponsored health insurance further drive prices upward by reducing price sensitivity among patients and price competition among providers”.
Decrim over “Legalization”
If you think this is dumb, remember this is basically the entire New Deal.
Massachusetts regulators spring into action to protect consumers from [checks notes] low prices.
Image: omclicks.e.wgbh.org/...
Article ($): www.statehousenews.c...
Read the whole thing: www.cato.org/handboo... #CatoHealth
- Remove employment barriers to international medical graduates (IMGs)
- Recognize competing medical school certifications
- Repeal “certificate of need” (CON) laws
To make health care more affordable, state policymakers must:
- Remove state regulatory barriers to affordable health insurance
- Recognize clinician licenses from other states and and ultimately eliminate clinician licensing
- Free clinicians to practice to the full extent of their training
To make health care more affordable, federal policymakers must:
- Remove regulatory barriers to quality, affordable health insurance
- Recognize foreign regulatory approvals of medical goods
- Remove unnecessary prescription requirements, ultimately by eliminating prescription regulation
Government compels US residents to spend 14% of GDP on health, a larger share than total health spending in any other advanced country. Subsidies and compulsory spending are so extensive, patients here are less sensitive to prices and wasteful spending than in nearly every other advanced nation.
Today, the @Cato.org releases its Handbook on Affordability.
In our chapter, @dr4liberty and I explain that if subsidies delivered affordability, the US health sector would be a patient’s paradise. Instead, the United States is the world leader in subsidizing and mandating health spending.
“Because employers and insurers manage the costs for everything, patients have little incentive to shop based on prices or quality, which can be difficult to determine anyway”.
“In a free market, government would control 0% of health spending. Yet the Organization for Economic Cooperation and Development (OECD) reports that in the United States, government controls 84% of health spending”.
Obamacare already regulates premiums via “community rating” and “rate review.” If those were making insurance affordable, there would be no need for additional proposals. Yet premiums have grown 3x the rate of inflation and increased 26% in 2026, so here we are.
open.substack.com/pub/mfcannon...
i bet one of the astronauts immediately got up, grabbed their stuff and moved to get closer the exit
mfcannon.substack.co...
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Hate unconstitutional wars? Love free speech? Hate racism? Want to defend marginalized communities?
You need to hear this podcast episode.
podcasts.apple.com/u... @pmatzko Paul Matzko
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Guns vs. overpriced butter
open.substack.com/pu... Center for American Progress Neera Tanden @citizencohn.bsky.social Natasha Murphy
The Center for American Progress' health care affordability proposal pairs broader and tighter government price-setting with provisions that would increase health spending.
Congress tried that approach in the Inflation Reduction Act. Since then, Part D spending has exploded.
”an expansion of federal power that these otherwise rock-ribbed conservatives would dependably decry in other contexts“
Javadi be like ummm.
“Sexual assault survivors should not face extreme barriers to care in their time of need…Kentucky should fix the system…The next survivor who shows up at a Kentucky emergency room deserves it.”
kentuckylantern.com/... Akiva Malamet @cato.org Kentucky Lantern
Excellent @washingtonpost editorial telling Congress to eliminate the Office of US Surgeon General and the Public Health Service Commissioned Corps it oversees.
Mirrors the arguments in (and links to) our recent @CatoInstitute study advocating the same.
www.washingtonpost.c...