The healthcare sector has come to be
dominated by third-party payers. Insurance companies and government
bureaucracies pay the bills for the medical care that Americans consume, and
they have become an unquestioned fixture of the healthcare landscape.
Meanwhile, the growth in third-party payment has coincided with a massive
increase in healthcare costs and a decline in quality.
Read my new research paper, published by
The Mercatus Institute at George Mason University, at this link.
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