In his new budget President Obama is calling for a federal investment in personalized medicine. If that doesnt strike you as an incredible public policy U-turn, you havent been paying attention.
Personalized medicine is the exact opposite of the way the FDA ordinarily regulates drugs. And as I reported in a previous Forbes post, its the opposite of what the folks who designed Obamacare expected to happen under health reform.
|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?