The Private Sector Can Do It With The Correct Guiding Policies
The private medical health care system is not broken. It provides excellent care for patients. What is broken is the cost of the service.
Before health insurance use became wide spread, the market determined prices. The doctor would determine what price he could provide the service for. The patient would determine if he/she was willing and able to pay the price. When a third party became involved, such as an insurance company or the government, the price rose to the amount of the third party’s ability to pay.
The government decided to increase the number of people that were purchasing health insurance. Lobbied by the insurance companies, …