Coherent Identifier About this item: 20.500.12592/1055vj

Structured markets: Disciplining medical care with regulated competition

31 March 2021

Summary

Medical care cannot be delivered efficiently or equitably through an unregulated market. A blend of regulation and private incentives—a structured market—can drive out waste and improve outcomes more reliably than episodic political interventions can.

Authors

James C. Capretta
Resident Fellow; Milton Friedman Chair

Tags

economics health insurance health care health care costs aei economic perspectives

Topics