Health Bills’ Cost-Cutting Power Is Doubted
Filed Under: In brief
“In years past, policymakers tried taming health-care growth with price controls — in government reimbursements and through managed care. The Obama administration has advocated a third way: moving away from fee-for-service payments, which reward providers for doing more procedures, to a coordinated system that pays doctors and hospitals for doing better…. Now, as the debate reaches a critical juncture, many are worried that the president’s ambitious hopes to constrain costs could result in tepid half-measures on Capitol Hill.” (Washington Post, Wednesday)
Central planning by another name.
FEE Timely Classic
“Government Fundamentalism” by David R. Henderson
