Will using the power of the executive branch bring healthcare prices down? Recent events suggest otherwise.

Yale University professors Zach Cooper and Fiona Scott Morton have published a new article reporting their research on “surprise” medical bills. These occur when a patient goes to an in-network hospital but is treated (without his knowledge) by an out-of-network doctor and receives an unexpected bill from the doctor (or doctors). Examining 2.2 million…
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One of the least substantiated notions behind the modern American doctrine that people should allow insurers or governments to control our health spending is that these third parties can negotiate fees with hospitals and physicians that are better than those which would prevail if patients controlled these dollars ourselves. Years of evidence show that…
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