Why Government Cannot Fix Healthcare

• Discusses how government acting as a third party when it comes to consumer driven products such as healthcare are detrimental to the needs of that individual.
• Third Party: paying for a product that doesn’t use your money and that won’t be used by you creates no incentive for the government to make it better.
• The issues with state run systems: bureaucracy, no transparency, resources must be centralised to become efficient. And it removes decision-making processes from those that are impacted

 Further Material:

 

Healthcare and the Free Market. A video presentation by Peter G Klein. https://youtu.be/8lOC2itCc6g