Single-Payer: No Panacea

Josh Hendrickson of The Everyday Economist prescribes a real cure in TCS Daily:

Reforming the health care system by realigning incentives through free market reforms would do a great deal to reduce health expenditures while having little impact on the quality of care and health itself.

And he makes short work of the single-payer position:

By contrast, half-truths and misconceptions make single-payer insurance seem attractive. By any measure, single-payer insurance is not the panacea for our health care problems.

I wish I had written this.

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