November 23, 2009
Have you ever thought about what our health care system has in common with our systems of public roads, thoroughfares and highways? In both cases the service is mainly free. Sure, toll roads are increasingly common and copays at the doctor's office are too. But in both cases, the fee we pay is well below the true social cost of what we get in return. And most people pay nothing out-of-pocket when they use either of these services.
What difference does that make?