The Economics of Health Care and Health Insurance
By D. Eric Schansberg
This article appeared in the Winter 2014 issue of The Independent Review


Are government regulations and subsidies necessary for the provision of health care and health insurance—or could an unfettered market provide them? Economic theory suggests several factors that might prevent a free market in health services from performing like the competitive-market ideal, but concerns about them are overblown.

Other Independent Review articles by D. Eric Schansberg
    Fall 2004   The Poverty of Welfare: Helping Others in Civil Society
    Summer 1998   Money for Nothing: Politicians, Rent Extraction, and Political Extortion
    Winter 1998   The Life of Herbert Hoover, vol. 3, Master of Emergencies, 1917–1918
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