Obamacare’s Runaway Costs
By reducing or eliminating competition, Obamacare threatens to cause explosive increases in US health care costs. The reason: Patients don’t have the incentive to seek out value when third-parties such as private insurance companies or the government pick up the tab for medical services. Reason.TV examines the Surgery Center of Oklahoma as a case study in this principle and as a possible alternative model for Obamacare.
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