Getting Better Health Care – Better ways to reform our health care system
University of Chicago Booth School of Business professor John Cochrane says, there is a “coherent free-market, deregulated alternative” to our current health care system, and that the “Affordable Care Act” isn’t the way to get there. Cochrane believes there are ways to assure that people with pre-existing conditions can get health care without the need for individual mandates.
How can this be? We explore the possibilities with Professor Cochrane to see how regulation is at the heart of the problem, and that 1,000’s of pages of more regulations in the Affordable Care Act will likely only make things worse. Introducing more competition—both among insurers and providers of health care—would be a better solution.