“Before now, Warren’s radical proposal never would have been introduced by someone with a serious shot at becoming president,” Galen Senior Fellow Brian Blase explains in a piece for RealClearPolitics.
“But the health care status quo is failing too many Americans. She is right that health care prices are generally too high, that provider consolidation is a serious problem, and that health outcomes are generally disappointing,” Brian writes.
However…“Her prescription to address these problems is all wrong,” he explains, including evidence of the harm a Washington-centric system does to innovation.
“For evidence of the devastating impact of Medicare’s control of payments, look no further than the sorry state of American kidney care, with high death rates and outdated, inefficient treatments. Only 12% of American patients undergo dialysis at home, where they could receive treatment while they sleep, compared to 80% in Hong Kong and 56% in Guatemala.