Tweaking Insurance Winners and Losers Won't Cut It
FUNDAMENTAL REFORMS IN HEALTHCARE MARKETS IS NECESSARY You can tweak insurance laws to reward one constituency versus another however you wish, but none of this will have a significant impact on the overall costs of healthcare. The approach of price control will only cause a lessening of supply. What needs to happen broadly in order to reduce costs is to increase the supply of medical providers. And in healthcare there are many specialties in which to consider. But with regard to basic family practices of medicine, there needs to be VAST reforms in the market. First, the monopoly power of the AMA needs to be revoked and colleges should be free to create doctor programs and graduate students who can sit for the AMA license (or just eliminate the license - I know, I know, too extreme, sigh.) Second, nurse practitioners, PA's, and pharmacists should all be allowed to set up shop without regard to doctors. That doesn't preclude that you couldn't go to the doctor if you...