Showing posts with label private market. Show all posts
Showing posts with label private market. Show all posts

Thursday, August 9, 2007

Private Markets


An editorial in today's Tennessean calls increased discussion of universal health care "[o]ne of the most encouraging developments in the national political arena." The article issues an argument against referring to the current system as a private market.

Some advocates of health-care reform insist it should come in the form of relying on the private market. But that shows a serious lack of understanding, because in its current form the health-care system has no private market. Private markets rely on consumer-driven comparison shopping, based on quality and price. The current system is not competitive on either level. Consumers lack information or options to shop based on quality and a bang for the buck.


SOURCE: "Universal Care Finally Receives Its Due in National Debate" 08/09/07
photo courtesy of Image*After