Here is something you dont see very often. In the New York Times on the very same day (last Monday) are two radically different claims about how health care markets work. A column by Paul Krugman dismisses the idea that competition among for-profit insurers benefits consumers. The other column by widely respected health economist Austin Frakt summarizes research showing that competition matters a great deal.
|John C. Goodman is a Senior Fellow at the Independent Institute, President of the Goodman Institute for Public Policy Research, and author of the widely acclaimed Independent books, A Better Choice: Healthcare Solutions for America, and the award-winning, Priceless: Curing the Healthcare Crisis. The Wall Street Journal and the National Journal, among other media, have called him the Father of Health Savings Accounts.|
Obamacare remains highly controversial and faces ongoing legal and political challenges. Polls show that by a large margin Americans remain opposed to the healthcare law and seek to repeal and replace it. However, the question is: Replace it with what?