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The Unhappy Marriage of Economics and Health Care

Gerald Friedman Unions for Single Payer Health Care
For 40 years, many economists' have promoted increasing cost sharing through higher copayments and deductibles, the replacement of fee-for-service payment systems with capitation as in Health Maintenance Organizations, and competition where multiple insurers offer a variety of plans catered to individual consumer's interests and in competition with each other. These practices have produced the worst of all worlds, rising costs along with restrictions on access.
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