David Goldhill
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Hospital CEOs Behaving Badly And The Devastating Consequences On The Middle Class
When big health insurers propose mergers, it makes for good antitrust enforcement theater to try to block them. However, if government officials want to address anti-competitive activities that have a dramatically bigger impact, they should shift their focus to local market provider M&A activity that consistently show prices increase after the deal is done. However, the most rapacious, anti-competitive practices I’ve seen in my entire career have come from hospitals–frequently from tax-exempt “nonprofits” that would make John D. Rockefeller blush with their brutal actions. The combined impact has created a middle class economic depression that has driven populist presidential campaign success, which was highlighted in a recently released Brookings study.
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What Are the Real Consequences of ObamaCare?
If America has anything, it’s a disease care system that focuses on episodic interventions by health care professionals trying to salvage a patient from the ravages of chronic diseases, many of which are self-induced. It’s a system that does not focus on health maintenance, something that really would alter the nature of the country’s well-being. I would argue that using the same money we are spending on this ObamaCare nonsense to teach kids in elementary school how to eat, shop, cook, exercise, not use drugs or tobacco and to have safe sex would probably improve health in the country far more than this bill ever did or will.
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